Nifty Edges Lower; Energy Stocks Fall

The Nifty edged lower, snapping a three-day winning streak, dragged down by energy stocks such as Oil and Natural Gas Corp tracking fall in crude prices, while profit-taking hit some of the recent outperformers. However, losses were limited as interest rate-sensitive stocks gained after a better-than-expected December retail inflation data raised hopes that the central bank would cut rates in February. Brent and US WTI crude ...