It was a consolidation day for the market on Tuesday as investors turned cautious ahead of Maharashtra and Haryana elections that will be held on Wednesday.
Benchmarks indices started of day on a strong note with more than 160 points gains on the Sensex due to easing CPI inflation in September and Reliance Industries’ Q2 earnings, but those gains could not sustain for long – the index lost as much as 170 points. Post noon session, the index managed to trim losses due to steep fall in WPI inflation.
The 30-share BSE Sensex fell 34.74 points to close at 26349.33 and the 50-share NSE Nifty declined 20.25 points to 7864.
Equity, currency, commodity and debt market will remain shut on October 15 on account of general assembly election in Maharashtra.
The 30-share BSE Sensex fell 34.74 points to close at 26349.33 and the 50-share NSE Nifty declined 20.25 points to 7864.
Equity, currency, commodity and debt market will remain shut on October 15 on account of general assembly election in Maharashtra.
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