MUMBAI: 3.30 pm: The BSE Sensex and NSE Nifty fell on Tuesday as caution ahead of the U.S. Federal Reserve interest rate decision continued to weigh on market sentiment. Sensex closed 150.77 points down at 25,705.93 as investors preferred profit-taking despite positive CPI data released after market hours on Monday. Nifty also closed 43.15 points down at 7829.10.

Data late on Monday showed consumer price inflation eased to 3.66 percent in August from a revised 3.69 percent a month ago.

“There is no positive trigger as of now. The only expectation is keeping the rates unchanged by the U.S. and a possible rate cut in India,” Alex Mathews, head of research, Geojit BNP Paribas said.

3.14 pm: Share price of Bharat Forge declined over 5 percent on Tuesday after Bank of America Merrill Lynch cuts its target price on the stock to 900 from 1,080 and maintained “underperform” rating. Sensex was down 150.83 points at 25,705.

2.15 pm: The broader market also came under pressure, with nervousness ahead of the U.S. Federal Reserve’s policy meeting on interest rates this week. Sensex was down 164.25 points at 25,692.

2.12 pm: Meanwhile, European shares extended the previous session’s losses on Tuesday, with miners losing ground and German energy firms RWE and E.ON falling sharply after a report saying they needed to set aside more money to shut down nuclear power plants. The STOXX Europe 600 Basic Resources index fell 2.6 percent, the top sectoral decliner in Europe.

2.05 pm: Sensex was down 182.85 points at 25,674. Among the sectoral indices on the BSE, the FMCG index was up 0.24 percent at 7,571.45. On the other hand, the BSE Metal and Capital Goods index were down around 2.33 percent and 2 percent, respectively.

1.42 pm: Diagnostic chain Dr Lal PathLabs has filed draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi) to raise funds through an IPO. The promoters and other existing shareholders will collectively sell 11.6 million shares of the company amounting to 14.1 percent stake. Nifty was down 35 points at 7,837.

1.30 pm: Everest Industries is planning to garner revenue of 500 crore from its pre-engineered buildings (PEB) business in FY16. The company, which is engaged in two businesses building products and PEBs, had clocked 1,230 crore revenue in FY15, with the steel buildings division contributing nearly 340 crore. Shares of Everest Industries were trading 3.21 percent higher at 311.80 apiece. The 30-share Sensex was down 85 points at 25,771.

12.43 pm: Corporation Bank shares gained as much as 4 percent on Tuesday after the bank informed stock exchanges that Life insurance Corporation (LIC) has expressed its intention to infuse 143 crore ($21.53 million) capital in the bank. Sensex was down 59.71 points at 25,796.

12.11 pm: Bouts of profit-booking were witnessed in capital goods, metal, auto, banking and consumer durable sectors, along with mid-cap and small-cap shares, while buying marked realty, FMCG, health care and IT segments. Sensex was down 115 points at 25,742.

12.06 pm: Goldman Sachs upgrades private lenders Axis Bank, ICICI Bank and YES Bank to ‘Buy’ from ‘Neutral’ citing attractive entry after recent underperformance of bad loand concerns. BSE Bankex was down 0.76 percent at 19,205.57.

11.23 am: Texmaco Rail & Engineering gained over 3 percent on BSE after the company said its board has approved acquiring a majority 76 percent stake in Bright Power for 100 crore. Sensex was down 110 points at 25,746. Nifty was down 45.70 points at 7,826. Sun Pharma and HUL were trading 1.16 percent and 0.76 percent higher at 867 and 801, respectively.

10.34 am: Nifty was down 27.50 points at 7844.75. Vedanta, Tata Power and Kotak Mahindra Bank were down over 1 percent.

10.25 am: Sensex was down 95.20 points 25,761. In the 30-share index, Maruti Suzuki and ITC were up 1.32 percent and 0.85 percent at 4,379.50 and 315.80.

9.49 am: Brokers said sentiment turned somewhat weak as investors booked profits after Monday’s gains even as retail inflation fell to a new low of 3.66 percent in August, which may prompt the Reserve Bank to cut rates at its September 29 policy meet. Sensex was down 43 points at 25,813.

9.24 am: Sensex was down 12.18 points at 25,844.52. Maruti Suzuki was trading 1.72 percent higher at 4,394.50. Share price of Maruti Suzuki gained after the Reserve Bank of India allowed foreign investors to invest up to 40 percent of the paid up capital in the auto maker under the Portfolio Investment Scheme.

9.15 am: Domestic equity markets opened on a flat note on Tuesday tracking weak global cues. The BSE Sensex opened 51.64 points, 0.20 percent, up at 25,908.34. NSE Nifty opened 5 points down at 7,867.35.

The Consumer price inflation (CPI) data that eased to 3.66 percent in August from 3.69 percent in July 2015, failed to boost market sentiments on Tuesday.

The rupee fell 5 paise to 66.38 against the dollar in early trade due to fresh dollar demand from importers.

Global Markets

New York: U.S. stocks closed down on Monday as many investors put off making big bets ahead of the Federal Reserve’s policy meeting this week and others worried about weak economic data from China. The Dow Jones Industrial Average lost 62.13 points or 0.38 percent to 16,370.96, the Nasdaq was down by 16.58 points or 0.34 percent to 4,805.76 while, the S&P 500 dropped by 8.02 points or 0.41 percent to 1,953.03.

London: Britain’s top share index fell on Monday, with miner Glencore and supermarket group Morrison underperforming as weak Chinese data and the possibility of a U.S. rate rise weighed on markets.

Tokyo: Japanese stocks rose on Tuesday morning as food processing firms rallied on a report of a merger, while most investors were fairly relaxed ahead of the outcome of the Bank Of Japan’s two-day policy meeting.

Hong Kong: The Hang Seng Index was down 0.37 percent.