The Sensex and the Nifty fell over 0.4 per cent at the closing session on Tuesday due to profit-taking by funds and retail investors amid firm European cues.
The 30-share BSE index Sensex was down 76.38 points or 0.36 per cent at 21,250.04 and the 50-share NSE index Nifty was down 31.1 points or 0.49 per cent at 6,332.80.
On the BSE, power, capital goods, banking and realty sectors fell the most by 4.12 per cent, 2.98 per cent, 1.78 per cent and 1.48 per cent, respectively.
On the other hand, IT, TECk, FMCG and healthcare indices remained investors' favourite and were up 2.07 per cent, 1.47 per cent, 0.87 per cent and 0.4 per cent, respectively.
Hero MotoCorp, TCS, SSLT, Wipro and HUL were the top five Sensex gainers, while the top five losers were NTPC, L&T, ICICI Bank, BHEL and ONGC.
According to Equentis technical outlook market report, next major trigger for the market will be the outcome of US Fed meeting on stimulus and winter session of Indian Parliament.
On the macroeconomic front, the Government will release the industrial production (IIP) data for October and inflation data based on the general consumer price index (CPI) for November on December 12.
Asia’s benchmark equity index fell and European stocks were unchanged after China's industrial production trailed estimates.
According to government data, China's industrial production growth slowed last month, while retail sales unexpectedly accelerated. Investors await factory output data from France and Italy to be released today.
Investors also await the outcome of the US Federal Reserve’s FOMC meet during December 17-18. The majority view is that the US Fed will announce tapering of its $85-billion-a-month stimulus programme in view of signs that the economy is rebounding.
The 30-share BSE index Sensex was down 76.38 points or 0.36 per cent at 21,250.04 and the 50-share NSE index Nifty was down 31.1 points or 0.49 per cent at 6,332.80.
On the BSE, power, capital goods, banking and realty sectors fell the most by 4.12 per cent, 2.98 per cent, 1.78 per cent and 1.48 per cent, respectively.
On the other hand, IT, TECk, FMCG and healthcare indices remained investors' favourite and were up 2.07 per cent, 1.47 per cent, 0.87 per cent and 0.4 per cent, respectively.
Hero MotoCorp, TCS, SSLT, Wipro and HUL were the top five Sensex gainers, while the top five losers were NTPC, L&T, ICICI Bank, BHEL and ONGC.
According to Equentis technical outlook market report, next major trigger for the market will be the outcome of US Fed meeting on stimulus and winter session of Indian Parliament.
On the macroeconomic front, the Government will release the industrial production (IIP) data for October and inflation data based on the general consumer price index (CPI) for November on December 12.
Asia’s benchmark equity index fell and European stocks were unchanged after China's industrial production trailed estimates.
According to government data, China's industrial production growth slowed last month, while retail sales unexpectedly accelerated. Investors await factory output data from France and Italy to be released today.
Investors also await the outcome of the US Federal Reserve’s FOMC meet during December 17-18. The majority view is that the US Fed will announce tapering of its $85-billion-a-month stimulus programme in view of signs that the economy is rebounding.
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