The market trimmed losses in noon trade following short covering. The 30-share BSE Sensex fell 105.76 points to 24748.35 and the 50-share NSE Nifty declined 37.60 points to 7524.80.
The broader markets slipped 0.8 percent. The market breadth remained weak, though it turned better compared to opening. About three shares declined for every share advancing on the Bombay Stock Exchange.
WPI inflation for December stood at negative 0.73 percent compared to negative 1.9 percent in preceding month.
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