Equity benchmark indices remained rangebound with the Sensex hovering around 28000 level. Oil & gas, banks and infra stocks were under pressure but HDFC Bank, ITC and Infosys limited losses.
Equity benchmarks continued to consolidate with the Sensex falling 67.25 points to 28062.59 and the Nifty down 11.25 points at 8688.15.
India's steel production rose by almost 6 percent to 71.09 million tonnes (MT) in the first nine months of this year, even as the global output contracted by 0.5 percent to about 1.19 billion tonne.
