Sensex, Nifty inch lower as Reliance drags, inflation data in focus

Indian shares inched lower on Monday, dragged by heavyweight Reliance Industries after the conglomerate delayed the launch of a low-cost smartphone it is developing with Google, with investors awaiting key inflation data due later in the day The blue-chip NSE Nifty 50 index was down 0.22% at 17,335.35 by 9:18 am, while…