Poor disclosure among India-listed firms is a turnoff for foreign investors.
The government has given up plans to reconvene a parliament session to secure approval for a common goods and services tax.
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
Top management of firms should be summoned for a few specified reasons and after written justification at a senior level.
Oil and Natural Gas Corporation had in 2007 farmed out 15 per cent stake in the KG-DWN-98/2 block, which sits next to Reliance Industries' KG-D6 block, to Brazil's state-controlled oil firm Petroleo Brasileiro SA or Petrobras.
Markets could slide again owing to conditions in Europe and the US.
Sensex lacklustre, bluechips in focus.
'It is my duty to give the govt the right price of crude oil.'
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
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