The wider Nifty50 of the National Stock Exchange (NSE) fell by 96.80 points, or 0.94 per cent, to provisionally close (at 3.30 p.m.) at 10,224.95 points.
Retail inflation has hit seven months high.
Market breadth was negative with 844 advances against 946 declines.
"Markets slid further on Tuesday to close with losses for the second consecutive session".
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An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings. (NYSE: TSN ) for 78,283 shares. Wolverine Asset Management Limited Liability Corp owns 0.09% invested in Citigroup Inc (NYSE:C) for 104,812 shares.
Inflation at the wholesale level raced to a 6-month high of 3.59 per cent in October, fuelled by food articles, data released today showed.
The broader markets also traded in line with benchmarks, with the Nifty Midcap falling 0.2 percent.
A weakening rupee, which depreciated by 35 paise to 65.51 against the dollar during the day on fears that the tax rate decision of the GST Council will have a revenue implication of ₹20,000 crore annually, too dampened investor sentiment.
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"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.
The top gainer on both indices was Hero MotoCorp, whose share prices rose 2.1% on the Nifty and 1.96% on the Sensex.
Why 14 November is celebrated as Children's Day?
Worldwide children's day is celebrated on 1st of June and 20th of November is celebrated as universal children's day . India celebrates Children's Day on the occasion of Pandit Jawahar Lal Nehru's birthday which falls on November 14.