Energy shares drag Indian shares down ahead of inflation data

BENGALURU, Dec 12 (Reuters): India's Nifty 50 and Sensex fell on Tuesday, weighed by a pullback in energy shares ahead of inflation data from India and the United States, due later in the day.

The NSE Nifty 50 index fell 0.43 per cent to 20,906.40, while the S&P BSE Sensex shed 0.54 per cent to 69,551.03.

The blue-chip indexes logged their biggest single-day percentage loss since Nov. 1 and Oct. 26, respectively.

The Nifty had gained as much as 0.19 per cent in the first hour of trade and hit a record high for the eighth session in nine.

India's retail inflation likely picked up in November due to higher food prices, reversing a three-month decline, a Reuters poll found. The data is due at 5:30 p.m. IST.