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Indian benchmark indices decline on Monday

India Blooms News Service | | 12 Dec 2016, 11:04 pm

#BSE, #NSE, #Sensex, #Nifty, #Indiansharemarket

Mumbai, Dec 12 (IBNS): A sharp rally in crude oil prices, contraction in factory data and a likely delay in implementation of Goods and Services Tax (GST) had a negative effect on the Indian market, which led to BSE Sensex declining 231.94 points to 2655.24 and the NSE Nifty declining 90.95 point to 8170.80.

Globally, investors also chose to remain cautious ahead of the US Federal Reserve's meeting which is scheduled to begin on Tuesday, media reported.

Some of the key stocks that declined on Monday were Infosys, Wipro, HPCL, BPCL, IOC, Bajaja Auto, Hero MotoCorp, Tata Motors and Maruti Suzuki, while TCS and ONGC inched upwards.

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