Markets end marginally lower as investors eye Q3 GDP data

BSE Smallcap index outperformed the frontline indices to rise 0.6%, while the BSE Midcap was flat

Benchmark indices ended the day marginally lower, snapping a six-day winning streak in the previous session as investors stayed cautious ahead of key economic growth and fiscal deficit data due later in the day.
 
The Street will closely watch the gross domestic product (GDP) data to see if demand wilted following Prime Minister Narendra Modi's surprise demonetisation decision. A poll conducted by Reuters showed economic growth slowing to 6.4% annually in the October-December quarter. 

The S&P BSE Sensex settled the day at 28,743, down 70 points, while the broader Nifty50 ended at 8,880, down 17 points. 
 
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