Diesel price rose to a record high of Rs. 61.88 per litre in Delhi on Tuesday, as global oil rates continued their rally.
Equity benchmarks have given up all the gains and have turned negative. The Nifty has breached 10,750. The Sensex is down 50.37 points or 0.14% at 34793.14, and the Nifty down 29.20 points or 0.27% at 10712.30.
Benchmark equity index Sensex soared more than 300 points in morning trade on Monday, and scaled a new high, tracking strong gains in Asian markets at the start of the week, following record highs on Wall Street on Friday.
The government is trying its luck yet again to get rid of one of the properties belonging to Vijay Mallya.
Industrial output growth quickened in November to a 25-month high of 8.4% bolstered by strong performances in the manufacturing, construction, and consumer non-durables sectors, official data show.
10:53 am Market Outlook: Midcap stocks witnessed a stellar rally last year with the Nifty Midcap index rising 50 percent in 2017.
Union minister for transport and shipping Nitin Gadkari on Thursday laid the foundation stone for an international cruise terminal at Mumbai.
Benchmark indices opened flat on Wednesday, continuing previous day's consolidation further as investors await December quarter earnings.
State-owned power producer SJVN said its board has approved a buyback proposal comprising 5 percent stake for over Rs 801 crore.
The market started off second week of the new year at record high levels on Monday as the Nifty crossed 10,600-mark for the first time, tracking positive lead from global peers.
Finance Minister Arun Jaitley is an unlucky man having to prepare the Budget amid a slowing economy, falling revenue and rising debt.