Indian shares decline due to central bank report

SourceGulf Today
SectorFinancial Markets
CountryMiddle east

Picture used for illustrative purpose. File Gulf Today Report Indian shares slipped on Tuesday after the central bank announced a decision on bad loans and investors anxiously await retail inflation data. Banking stocks led the fall after the central bank announced the likelihood of domestic lenders seeing bad loans double. The blue-chip NSE Nifty 50 index fell 0.2% to 14,462 and the benchmark S&P BSE Sensex was down 0.17% to 49,184.21 by 03:46 GMT.  READ MORE more...