Nifty, Sensex extend losses ahead of inflation data

(Reuters) - Indian shares fell on Tuesday, with losses spread across IT and financial stocks, as caution prevailed ahead of a key inflation data due later in the day.

A Reuters poll of 30 economists predicted consumer price inflation (CPI) to have accelerated to 2.48 percent in January, from 2.19 percent in December.

The benchmark BSE Sensex fell for a fourth straight session, closing 0.66 percent lower at 36,153.62.

The broader NSE Nifty declined 0.53 percent to 10,831.4, shedding 2.15 percent over the past three sessions.

Housing Development Finance Corp Ltd and Infosys Ltd were the top drags on the NSE index, closing down 2.2 and 1.6 percent, respectively.

 

(Reporting By Arnab Paul in Bengaluru; Editing by Shreejay Sinha)