 "BSE Sensex, Dalal Street")
The benchmark indices retreated for a second day from their record highs after the central bank cautioned on signs of weakening economic growth, and cut borrowing costs for the second time this year.
The Sensex closed 192 points, or 0.5 per cent, lower at 38,685 after swinging between gains and losses. The index came off nearly 350 points from its day’s high. The Nifty declined 46 points, or 0.4 per cent, to end at 11,598.
The fall in the rupee and bond prices also weighed on investor sentiment. The rupee ended at 69.16 against the dollar, as compared to Wednesday’s close of
