Market indices snapped a two-day winning streak,
amid a volatile trading session, with Infosys among the top losers
after its key client Royal Bank of Scotland canceled a project.
Further, higher-than-expected increase in July wholesale price
inflation and weak global cues also dampened sentiment. The Sensex
ended lower 88 points at 28,065 after breaking the 28,000 mark in
intra-day trade and theNifty50 slipped 30 points to settle at 8,643.
Broader markets, however, outperformed the benchmark indices - BSE
Midcap index inched up 0.5% while and the Small cap index ended flat.
The wholesale price index- (WPI) based inflation rose by 3.35% in
July up from 1.62% in June, pushed up by food prices such as
vegetables and fruits. Consumer prices rose at a faster-than-expected
pace to 6.07.
Highest OI increase w.r.t to increase in price was
seen in and Highest OI increase w.r.t to ICICIBANK Decrease in price
was seen in BANKINDIA.