Sensex posts biggest fall in five weeks

Indian stocks fell more than 1% on Monday, posting their biggest single-day fall in five weeks, as investors booked profit in recent outperformers ahead of a busy week of events, including the expiry of domestic derivative contracts.

The Nifty fell 1.31% to 7,615.10, while the Sensex lost 1.46% to 24,966.40. Both indexes posted their biggest single-day percentage fall since Feb 23.

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Markets were closed on Thursday and Friday for public holidays.