Sensex and Nifty ended flat on Wednesday after a fall in IT counters due to a firmer rupee and a slump in oil prices lifted stocks of oil marketing companies.
Sensex ended 2.50 points down at 35141.99, while Nifty settled 6.20 points lower at 10576.30.
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The rupee was at trading higher at 72.29 against the dollar, compared with previous close of 72.67, supported by a fall in global oil prices and RBI’s announcement that it would buy bonds via open market operations.
Inflation – determined by the Wholesale Price Index (WPI) – stood at 5.28 per cent in October, the highest in four months, while consumer inflation released earlier this week hit a 13-month low of 3.31 per cent in October.
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