Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
With inflation down, the government's twin deficits are largely under control.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
Additional levy to eat into Rs 6,000-crore income of top promoters
Broader markets broke the winning streak and ended lower, underperforming the benchmark indices
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
The 30-share Sensex ended down 159 points at 27,425 and the 50-share Nifty closed down 24 points at 8,299.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
L&T chairman AM Naik is worried about few things.
Despite the rally, on the basis of valuations, Indian markets aren't too expensive, says Christopher Wood, managing director and equity strategist at CLSA.
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