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Sensex drops nearly 1 pct; Sun Pharma marks biggest fall ever

Stock brokers engage in trading at a brokerage firm in Mumbai February 14, 2008. REUTERS/Arko Datta/Files

MUMBAI (Reuters) - India's stock markets fell nearly 1 percent on Tuesday after Sun Pharmaceutical Industries(SUN.NS) slumped more than 15 percent, its steepest daily decline, after the company warned that its sales in 2016 would be flat at best.

The BSE Sensex ended down 0.84 percent, while the Nifty closed 0.86 percent lower, marking their biggest decline sine July 8.

(Reporting by Abhishek Vishnoi; Editing by Prateek Chatterjee)