Mumbai : Climbing down from its five-day gaining stroke, Sensex settled 144 points down at 45,959.88 while broader Nifty witnessed its first loss this month and closed below the 13,500 mark.
Financial stocks and RIL declined as Sensex slipped 144 points. Top private lenders HDFC Bank and ICICI Bank dropped 1.42 per cent and 0.85 per cent respectively while RIL shed one per cent.
India’s retail inflation is likely to stay above 7 per cent in November, said economists. Government said it is ready for further talks with protesting farmers. Tata rejected Mistry’s share-swap separation offer as “non-sense”.ADB cut India’s FY 21 contraction forecast to 8 per cent on backing of faster recovery.
BSE Midcap and BSE Smallcap indices declined 0.57 per cent and 0.65 er net respectively.
