During March, the rate of inflation slowed to the weakest in four months and was below the long-run survey average
Most of the 30-Sensex constituents led by M&M, Adani Ports, BhartiAirtel, Bajaj Auto, Hero MotoCorp, ICICI Bank, Sun Pharma, Cipla, HDFC Ltd, ONGC and Hind Unilever were trading in negative terrain, falling by up to 5.77 per cent.
Top losers in the Sensex pack include Bharti Airtel, Infosys, Asian Paints, RIL, Coal India, HDFC Bank, HDFC, TCS, ONGC and M&M, falling up to 3.09 per cent.
The Nifty closed at 10,335.30, down 28.35 points, or 0.27 per cent.
Abe got a resounding victory in the snap polls held on Sunday.
Growth in India's manufacturing sector cooled to its slowest in 22 months in October.
Sun Pharma stole the show in the Sensex pack, spurting 3.91 per cent, followed by M&M at 2.87 per cent.
NSE Nifty, after shuttling between 10,809.60 and 10,725.90, finished 30.95 points, or 0.29 per cent lower at 10,741.10.
Shanghai is the worst performing stock market of the world in CY 2008. It has just replaced Vietnam at the top of the ladder among the worst performers with a 48.97 per cent fall.
The NSE Nifty ended 89.40 points, or 0.83 per cent, lower at 10,710.45.
Regarding employment, the manufacturing sector hiring remained broadly unchanged.
Market breadth depicted strength. There were almost 3 gainers against every loser on BSE
Markets ended lower on Tuesday, snapping a two-day winning streak, as investors turned cautious and booked profit in financials.
Both benchmark indices were driven by strong gains in IT, teck, oil and gas, pharma and banking shares amid earnings optimism.
The finance minister appears to be harking back to the seventies and eighties by prevailing on cement and steel manufacturers to hold the price line despite the hit they'll take on margins.
In line with Sensex, the broader indices also saw hefty losses. Large cap index tumbled 0.79 per cent, midcap 0.87 per cent and smallcap 0.57 per cent.
The NSE Nifty also gained 53 points, or 0.49 per cent, to settle 10,855.15 after shuttling between 10,870.40 and 10,749.40.
Investors went looking for bargain in banking, oil and gas and auto stocks.
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The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end.
They prefer foreign markets owing to comparatively lower margins than Indian exchanges.
Services companies continued to raise prices, though the rate of change was the weakest since April
Supported by greater demand from both domestic and external markets, total new business rose at the fastest pace since March
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
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China consumed roughly 10.50 million barrels per day of oil in June.
The local markets are expected to react to global triggers until the government announces the Union Budget.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
In the Sensex pack, ICICI Bank emerged as the top gainer by rising 0.97 per cent, while Tata Steel advanced 0.92 per cent.
A reading above 50 denotes expansion while one below means contraction.
ICICI Bank was the top gainer in the Sensex pack, surging 4.64 per cent, followed by Axis Bank at 3.86 per cent and SBI 2.53 per cent.
The NSE Nifty ended at 4,346, down 183 points.
The decision will embolden populists across the continent.
A stronger dollar makes oil more expensive because it raises the cost for imports for most of the world's countries
Reflecting the bearish mood, all sectoral indices, led by metal, teck and healthcare, ended in the negative zone.
Lupin was the top gainer after the USFDA cleared its Goa facility
The 30-share Sensex ended down 90 points at 19,429 after hitting an intra-day low of 19,398 and the 50-share Nifty ended down 40 points at 5,881 after touching an intra-day low of 5,871.
Sensex has shed over 150 points in afternoon trade.
