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Sensex retreats for 3rd day on muted global cues

Press Trust of India  |  Mumbai 

Markets brought about their third session of fall today, buffeted by ongoing geo-political headwinds, as the fell marginally to a three-week low of 29,414 even as wholesale moderated.

The Korean peninsula, and Syria remained geo-political flashpoints, which cast their shadow here.

After reaching the day's low of 29,363.28, the recovered partially before settling down 47.79 points, or 0.16 per cent, at 29,413.66 -- its lowest closing since March 27.

The gauge has now lost 374.69 points in three sessions.

The also remained under pressure and was down 11.50 points, or 0.13 per cent, to close at 9,139.30.

based on the wholesale price index slipped to 5.70 per cent in March, from 6.55 per cent in February as manufactured goods showed cost decline even as food prices hardened.

Outperforming the key indices, broader markets were in a better shape.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 17 2017. 16:32 IST