|Chennai||Rs. 24470.00 (1.37%)|
|Mumbai||Rs. 24900.00 (0.97%)|
|Delhi||Rs. 24200.00 (1.26%)|
|Kolkata||Rs. 24160.00 (0%)|
|Kerala||Rs. 24000.00 (0.63%)|
|Bangalore||Rs. 23800.00 (0%)|
|Hyderabad||Rs. 24140.00 (1.17%)|
: Retail sales fell 0.3 percent in October, the first drop after three months of gains. Superstorm Sandy combined with cautious consumers to lower sales.
SANDY IMPACT: The storm depressed car sales and slowed business in the Northeast at the end of the month. If sales rebound, that would suggest the October decline was a temporary lull exacerbated by the storm.
FEARING THE FISCAL CLIFF: Ongoing weakness would show that consumers are scaling back, perhaps because of concerns that their taxes will increase next year if the economy goes over the fiscal cliff.