"Markets slid further on Tuesday to close with losses for the second consecutive session".
The markets turned negative after government data showed a rise in both consumer and wholesale inflation, according to Mint.
Mumbai, Nov 14 The market topped the key 33,000 level multiple times today, but closed below that threshold after rising inflation numbers squeezed the headroom for an interest rate cut at RBI's policy review next month.
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Major losers in the 30-share index were Tata Motors (3.68%), Coal India (2.70%), Housing Development Finance Corporation (2.53%), Adani Ports and Special Economic Zone (2.33%), Sun Pharmaceutical Industries (2.09%), and Oil & Natural Gas Corporation (2.08%).
Weakness rubbed off on broader markets, with mid-cap and small-cap indices falling by up to 0.22 per cent.
The Indian rupee, which opened at 65.36 a dollar, was trading at 65.51 around 4.40 pm.
"Global cues were not helping either amid uncertainty over the USA tax reform, slowdown in Chinese factory output and growing political issues in the United Kingdom", he added.
Larsen & Toubro was the biggest drag with a decline of 2.45 percent.