Key benchmark indices fell nearly 1 percent on Monday, posting their biggest single-day decline in nearly five weeks as blue chips declined on anxiety after China's factory output slowed and caution ahead of the Federal Reserve meeting this week. On domestic front India's WPI in August eased to 3.74 percent, its lowest level in nearly five years and core CPI fell sharply by around 50 basis points on month, raising hopes of at least positive rate outlook in Reserve Bank of India's policy review on Sept. 30. The broader Nifty lost 0.78 percent, or 63.50 points, to end at 8,042, its lowest close since Sept. 1.
The market breadth indicating the overall health of the market was positive. In Nifty50 stocks, the advance to decline stood at 11 advances to 39 declines.
The market breadth indicating the overall health of the market was positive. In Nifty50 stocks, the advance to decline stood at 11 advances to 39 declines.
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