BENGALURU, Dec 12 Reuters India39;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 to 20,906.40, while the SP BSE Sensex shed 0.54 to 69,551.03.

The bluechip indexes logged their biggest singleday percentage loss since Nov. 1 and Oct. 26, respectively.

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

India39;s retail inflation likely picked up in November due to higher food prices, reversing a threemonth decline, a Reuters poll found. The data is due at 530 p.m. IST.

The U.S. Consumer Price Index CPI report, while expected to show inflation moderating, is still seen above the Fed39;s target.

The inflation data and the U.S. Federal Reserve39;s policy decision and commentary on Wednesday could influence the nearterm rate outlook, according to three analysts.

Energy stocks fell 1.31 on the day, snapping a rally which saw the index climb about 20 over last six weeks, supported by a fall in crude oil prices.

Realty also dropped 1.75, on the day. The index had gained about 21 since the beginning of November, boosted by strong quarterly results and robust demand outlook.

The more domestic focussed smallcaps closed flat, while midcaps settled 0.39 lower.

We expect largecaps to outperform in this leg of the rally aided by return of foreign inflows while pockets…