Reuters: Money News: Nifty falls around 1 percent as rupee nears record low

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Nifty falls around 1 percent as rupee nears record low Jul 31st 2013, 05:57 Reuters Market Eye - The Nifty declines around 1 percent while the BSE Sensex is down 0.5 percent, heading towards their sixth day of falls as the rupee approaches a record low. Banks weaken on continued disappointment by the central bank policy, with HDFC Bank falling 1.9 percent while ICICI Bank Ltd sliding 3 percent ahead of its April-June earnings later in the day.

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