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Sensex declines on inflation concerns; L&T top drag


(Reuters) - Indian ended lower on Tuesday as accelerating reduced the possibility of the central cutting at its next policy meeting.

Retail picked up in October to a seven-month high, government data showed on Monday, driven by faster rises in prices of food and fuel products.

The broader NSE index closed 0.38 percent lower at 10,186.60, while the benchmark BSE index dropped 0.28 percent to 32,941.87.

Larsen & Toubro was the biggest drag with a decline of 2.45 percent.

(Reporting by Krishna V Kurup in Bengaluru; Editing by Subhranshu Sahu)

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

First Published: Tue, November 14 2017. 16:13 IST