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Indian Shares End In Red On Eurozone Concerns

5/14/2012 6:43 AM ET

Indian shares fell on Monday after government data showed India's headline inflation accelerated to 7.23 percent in April, making it difficult for the RBI to moderate monetary policy. Negative global cues, especially a sell-off in Europe on fears that Greece will soon exit the eurozone also prompted investors to move to the sidelines.

The benchmark 30-share Sensex ended the session down 77 points or 0.47 percent at 16,216, while the broader Nifty index fell by 21 points or 0.43 percent to 4,908.

by RTT Staff Writer

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