Mumbai: Indian markets closed 0.5% lower ahead of key macro economic data due on Wednesday after 5.30 pm and tracking fall in global equity markets. On NSE, Nifty Realty (-2.09%), Auto (-1.05%), Private Bank (-0.89%), Financial Services (-0.79%) and Pharma (-0.78%) were the worst performing sectors. The broader market also remained under pressure as both the BSE Midcap and Smallcap indices tumbled 0.79% and 0.48% respectively. "Market retreated the winning streak as headwinds from global markets and concerns that CPI inflation may rise to seven months high in May impacted the momentum. Investors await release of consumer price index-based inflation (CPI) and index of industrial production (IIP) data for further cues.

Source: Mint June 12, 2019 10:46 UTC