INSUBCONTINENT EXCLUSIVE:
The S-P BSE Sensex index traded above the 47,000 mark for the first time ever.Domestic stock markets retreated from record levels on Tuesday
of coronavirus vaccinations
The S-P BSE Sensex index fell 383.6 points, or 0.83 per cent, to 45,869.86 at the weakest level during the session, and the broader NSE
Weakness across sectors, led by banking, financial services and IT shares, dragged the markets lower
(Also Read: Stocks to Watch Today)At 10:43 am, the Sensex traded 351.74 points, or 0.76 per cent, lower at 45,901.72, while the Nifty was
past 24 sessions, boosted by record inflows from foreign institutional investors and progress on COVID-19 vaccines globally.Official data
released after market hours on Monday showed consumer inflation eased last month but still remained outside the Reserve Bank of India's
comfort zone, reinforcing analysts' view that the central bank's Monetary Policy Committee may keep key rates on hold for now
outside Japan down 0.40 per cent at the last count, having hit a string of record highs last week.The E-Mini S-P 500 futures were up 0.10
per cent, indicating a positive start for US markets on Tuesday.On Monday, tighter COVID-19 restrictions were imposed on London as the
government citing increased infection rates that may be partly linked to a new variant of the coronavirus.News of the vaccines has powered
gains in the last few months, with the Asian benchmark up nearly 16 per cent so far this year, sitting just shy of a record struck last
week.Last week, the United States authorised the emergency use of its first COVID-19 vaccine, developed by Pfizer and BioNTech
The vaccine has already been authorised in a handful of countries including Britain and Canada.
