Similarly, the wide-based National Stock Exchange index Nifty declined by 7.10 points, or 0.14 per cent, to 4,917.15. Trading sentiment remained bearish on sustained selling by funds and retail investors on weak GDP growth amid a weak trend in Asian region.
India's economic growth rate slowed to a nine-year low, both in the March quarter at 5.3 per cent as well as in 2011-12 at 6.5 per cent. In the Asian region, the Japan's Nikkei fell by 0.74 per cent, while Hong Kong's Hang Seng shed 0.74 per cent in early trade. The US Dow Jones Industrial Average ended 0.21 per cent lower in yesterday's trade.