BusinessPhoto: Deccan HeraldSensex and Nifty Close Lower on Rising Inflation and Crude Prices
Mumbai's stock markets closed lower as Sensex fell 251.89 points to 72,781.89 and Nifty dropped 99.25 points to 22,622.70. Profit-taking followed a previous rally amid rising wholesale inflation, which hit 11.39% in September, and firm crude oil prices. Major laggards included Bajaj Finance and ICICI Bank, while Infosys and Reliance gained. Investor caution increased ahead of key US inflation data.
Deccan Herald··Mumbai




