Indian shares fall to four-week closing low; Sun Pharma plunges

April 21, 2015 10:23 AM

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MUMBAI, April 21 (Reuters) - Indian shares fell for a fifth straight session on Tuesday and closed at their lowest in nearly four weeks as Sun Pharmaceutical Industries plunged after Japan's Daiichi Sankyo's $3.6 billon share sale in the company.

Concerns over retrospective taxation on foreign portfolio investors, which prompted them to sell stocks worth 15.07 billion rupees ($239.93 million) on Monday, also weighed on sentiment.

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