Market at close The S&P BSE Sensex ended marginally lower at 35,142, down just two and half points while NSE's Nifty50 index slipped below the crucial 10,600 level to settle at 10,576, down 6 points.
The S&P BSE Sensex ended marginally lower at 35,142, down just two and a half points while NSE's Nifty50 index slipped below the crucial 10,600 level to end at 10,576, down 6 points. TCS, Infosys, Sun Pharma and Mahindra & Mahindra contributed the most to the Sensex's fall.
Among individual stocks, shares of Sun Pharma dropped over 7 per cent to Rs 521 on BSE after the company posted a consolidated loss of Rs 2.18 billion for the quarter-ended September (Q2FY19), on account of a one-time loss of Rs 12.14 billion on Modafinil antitrust litigation.
Ashok Leyland shares declined 10 per cent after Vinod K Dasari resigned as the company's Managing Director and CEO. He had joined Ashok Leyland as Chief Operating Officer (COO) fourteen years ago and took over as the MD seven years back.
Inflation based on wholesale prices rose to a four-month high of 5.28 per cent in October, mainly due to spike in petrol and diesel prices, even as food prices softened.
(with Reuters input)