Reuters Market Eye - Local shares fall in volatile trade, with the benchmark BSE Sensex down more than 120 points, while the broader Nifty is 32 points lower.
Sesa Sterlite Ltd is down 3.97 percent, while Tata Motors Ltd falls 3.57 percent on continued weakness after earnings.
Canara Bank gains 2.49 percent after earnings showed asset quality rose on a quarter-on-quarter basis.
The September industrial output and October CPI data due after market hours. CPI will be particularly watched as the Reserve Bank of India is putting higher weight on the index while making monetary policy decisions.
(Reporting by Subhadip Sircar)
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