Markets decline marginally
Sensex slides 0.56% to 19,990.90 points, while the Nifty ends down 0.41% at 6,049.90 points
Mumbai: Indian shares fell on Tuesday, led by a drop in rate-sensitive stocks such as HDFC Bank Ltd, after India’s central bank lowered its key policy rate, but struck a cautious note on further easing as it waits to see how the government controls its fiscal deficit.
Shares of HDFC Bank fell 2.61% to ₹ 652.50, while those of State Bank of India ended 1.32% lower at ₹ 2,457.30.
The 30-share BSE index, Sensex, fell 0.56% to 19,990.90 points, while the 50-share NSE index, the Nifty, ended down 0.41% at 6,049.90 points. Reuters
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