The decision regarding this was taken by the Board of Approval in its meeting on September 18.
Equity benchmarks erased early gains after realty, capital goods, teck, auto, PSU, IT, power and bankex counters came under selling pressure, falling up to 1.28 per cent.
Extending losses for 7th session, Nifty fell below the 8,000 mark for the first time since Nov 25
Out of the 30-share Sensex pack, 21 ended lower and one remained unchanged
Broader markets underperformed indices with BSE Midcap down 0.43% while the Smallcap index fell 0.07%.
An Adani spokesperson said that it was yet another attempt by activists to delay the project.
Traders are closely watching the progress of the monsoon.
Promoters increasing stakes is definitely a positive signal for the market and investors.
The NSE Nifty settled the day 93.20 points or 0.88 per cent lower at 10,452.30 after shuttling between 10,612.90 and 10,434.05.
The NSE Nifty settled the day 38.85 points or 0.37 per cent lower at 10,500.90 after shuttling between 10,590.55 and 10,456.65, intra-day.
The NSE Nifty too recovered over 100 points, or 0.96 per cent, to end at 10,576.85.
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
The 30-share Sensex, after opening on a strong footing, continued its upward march to hit an all-time high of 35,827.70. The NSE Nifty also hit a record intra-day high of 10,975.10, before finishing at 10,966.20, up 71.50 points.
Traders said falling crude prices in the global market was a big boost for the economy as it lightens the country's import bill burden, eases inflation and current account deficit concerns.
The broader NSE Nifty, after shuttling between 10,651.60 and 10.532.70 points on alternate bouts of buying and selling, closed 6.20 points, or 0.06 per cent, down at 10,576.30.
The broader NSE Nifty slipped below the 10,500-mark by falling 103 points, or 0.97 per cent, at 10,482.20. It touched a high of 10,645.50 and a low of 10,464.05 during the day.
TCS, Power Grid and Infosys are among the top S&P BSE Sensex gainers
The NSE Nifty after shuttling between 10,441.90 and 10,341.90, ended 6.15 points, or 0.06 per cent down at 10,380.45.
Sentiment was largely positive after April IIP grew at 4.9 per cent, spurred by higher growth in manufacturing and mining sectors.
Billionaire Gautam Adani-led Adani Group on Monday announced a Rs 20,000-crore investment for expanding the capacity of its Gujarat ports to 100 million tons per annum by 2020.
Coal India topped the losers' list in the Sensex pack on Tuesday, falling 2.36 per cent, followed by Bharti Airtel at 2.16 per cent.
Sebi also ordered freezing the voting rights and corporate benefits of promoters of these companies.
Metal stocks were trading under pressure while IT, auto, realty stocks gained in today's deals
Despite a strong start to trade today, key benchmark indices retreated sharply from their higher levels following bouts of profit-taking amid fresh weakness in the rupee against the dollar.
Maruti Suzuki was the biggest gainer among Sensex scrips, rising 5.89 per cent, followed by M&M up 5.29 per cent.
Bank shares were the top losers along with index heavyweight RIL
A declining rupee, elevated crude oil prices and sustained foreign fund outflows added to the gloom
The NSE Nifty also moved up by 12 points to 8,648.35.
The 50-issue NSE Nifty too cracked the 10,200-mark and hit a low of 10,108.55 before finishing 104.75 points, or 1.02 per cent down at 10,121.80.
Muted quarterly earnings, mixed cues from global markets and unabated foreign fund outflows added to the volatility
Bond issuances dipped 31.4% during January-June
The Sensex took less than two years to rally from the 10,000-mark it first hit in February 2006 to double that on that New Year's Eve.
Midcap stocks continued to remain on buyers' radar with BSE Midcap index up 0.1%.
The S&P BSE Midcap and S&P BSE Smallcap indices gained 0.4% and 1%, respectively
The 50-stock NSE barometer Nifty finished 22.50 points, or 0.21 per cent, down at 10,526.20
The sentiment got support from better-than-expected earning results by select companies and continuous buying by domestic financial institutions.
The broader NSE Nifty gained 22 points to 10,480.60
Broader market outperformed the frontline indices and also hit their respective all-time highs
Construction major L&T was the biggest gainer among the Sensex components, spurting 2.30 per cent, after the company said its board has approved a Rs 9,000-crore share buyback plan.
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
