Key benchmark indices edged down on Tuesday, although broader losses were capped as Reliance Industries Ltd gained after better-than-expected earnings and lenders rose on easing inflation data. The Sensex closed 0.13percent lower, while the Nifty fell 0.3 percent. DLF Ltd (DLF.NS) plunged after the market regulator banned it from tapping capital markets, DLF shut shop at 105.8 down by almost 28%. The wholesale price index (WPI) rose an annual 2.38 percent last month, its slowest pace since October 2009, in August, wholesale prices rose 3.74 percent.
The market breadth indicating the overall health of the market was negative in Nifty50 stocks, the advance to decline stood at 23 advances to 26 declines & 1 unchanged.
The market breadth indicating the overall health of the market was negative in Nifty50 stocks, the advance to decline stood at 23 advances to 26 declines & 1 unchanged.
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