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Stocks

India shares edge lower after retail inflation quickens

Weaker industrial output also damps investor enthusiasm

MUMBAI (NewsRise) -- Indian shares ended a volatile session lower on Wednesday, as faster-than-expected inflation and disappointing industrial output data damped investor sentiment.

The benchmark BSE Sensex declined 0.5% to 33,053.04. The Nifty 50 index too slipped 0.5%. The Sensex traded in a wide band of 415.44 points, changing directions multiple times during the session.

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