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Post Session: Quick Review
India, Aug. 13 -- Breaking a two-day winning run, Indian equity benchmarks ended Tuesday's trade on a pessimistic note with losses of over one and half percent, as traders remained on sidelines ahead of Consumer Price Index-based (CPI) inflation data for July later in the day. Markets suffered sharp losses in last leg of trade and breached their crucial 10,950 (Nifty) and 37,000 (Sensex) levels. Markets made a cautious start and traded lower with cut of around half a percent each, as traders remain concerned about government data showing that India's factory output growth, measured by the Index of Industrial Production (IIP), slowed down for second straight month to 2.0% in June 2019 as compared to 7% in June 2018 and it is also lower than ...
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