Sensex
2024-11-08
1512
(fxcue news) - Indian shares followed global peers lower on Wednesday as uncertainty prevailed over U.S.-President-election Trump's policy stance and Fed's policy.
Sentiment was also dented after official data showed India's consumer price inflation accelerated in October to the highest level more than a year amid rising food costs.
Consumer prices surged 6.21 percent on a yearly basis in October, faster than the 5.49 percent rise seen in September. The expected rate was 5.81 percent.
The benchmark S&P/BSE Sensex was down 254 points, or 0.3 percent, at 78,420 in early trade after falling more than 1 percent in the previous session on concerns over FII outflows and disappointment stemming from a weak domestic earnings season.
The broader NSE Nifty index was down 120 points, or half a percent, at 23,762.
Tata Steel, Eicher Motors, Hero Moto Corp, Mahindra & Mahindra and BEL were down 2-3 percent while NTPC rose 1.4 percent and SBI Life added half a percent.
Sign In via X
Google
Sign In via Google
This page link：http://www.fxcue.com/322448.html
Tips：This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement：Contact us if the content violates the law or your rights
Tips：This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement：Contact us if the content violates the law or your rights