Indian Equity Indices Pare Early Gains

Business Standard Markets · stocks

Indian equity benchmarks pared early gains, with the Nifty trading below the 23,400 level and the Sensex declining 73.38 points. Realty shares extended their losses for the seventh consecutive session, with the Nifty Realty index falling 1.79%. Consumer price inflation rose to 4.82% in August from 4.45% in July, adding pressure on the central bank. Wholesale price-based inflation also increased to 9.92% in August.