Sensex falls for third day; Apollo Tyres slumps

MUMBAI (Reuters) - The BSE Sensex fell for a third consecutive session on Thursday, after Apollo Tyres slumped as its $2.5 billion acquisition raised concerns about its debt levels, while Sun Pharma dropped after settling a patent suit with Pfizer for $550 million.

Apollo Tyres Ltd provisionally fell 26 percent, while Sun Pharmaceutical Industries Ltd ended 3.2 percent lower.

The BSE Sensex provisionally fell 1.26 percent, while the 50-share Nifty ended down 1.06 percent.

(Reporting by Abhishek Vishnoi; Editing by Subhranshu Sahu)