New Delhi, Jan. 14 -- Sensex and Nifty fell on Monday in line with Asian markets which responded on poor Chinese trade data and an extended partial US government shutdown, fuelling concerns of a global growth slowdown.
However, losses were capped as India's annual rate of inflation based on wholesale prices eased to 3.80 per cent in December 2018 from 4.64 per cent in November, official data showed on Monday.
Except for the export-oriented IT sectors on the BSE, which gained as the rupee weakened close to 30 paise, all other sectorial stocks witnessed heavy selling pressure.
The rupee weakened to 70.79 per dollar, around the closing bell against the previous close of 70.49.
Index-wise, the Nifty50 declined by 57.35 points or 0.53 per ce...