Sensex, Nifty mostly flat; market eyes economic data
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Mumbai, Nov. 13 -- Indian equities traded largely flat on Wednesday as the market awaits key economic data. At 12pm, the benchmark Sensex was a tad down at 40334.35 points, while the Nifty 50 was down 0.08% at 11906.40 points.
The consumer price inflation and wholesale price inflation data for October will be released on 13 November and 14 November respectively. According to a Bloomberg poll, CPI is seen at 4.34% in October compared with 3.99% a month ago, while WPI expected at (-)0.22%.
Domestic investors were worried about deepening economic slowdown after data showed that India's factory output contracted for the second straight month to a near eight-year low of 4.3% in September. Given the slowdown in factory output, analysts expect...
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