Sensex slips 152 points, Nifty closes at 10,303; Bharti Airtel top loser
All that happened in today's trade
SI Reporter |
Last Updated at November 8, 2017 15:46 IST
The benchmark indices extended losses in last leg of trade to settle lower on Wednesday as Reliance Industries fell on oil price worries, while Bharti Airtel slumped after a key investor sought to exit.
Crude oil prices slipped on Wednesday, but hovered near two-and-a-half year highs hit earlier this week, potentially stalling a record-setting rally in domestic market on concerns Reserve Bank of India (RBI) would hold off on cutting interest rates.
Globally, Asian shares paused at decade peaks and the dollar dipped amid concerns that the Republican plans for major US tax cuts were running into headwinds even before the Senate releases its own version of the proposals.
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First Published: Wed, November 08 2017. 15:33 IST