The trends remained sluggish in the primary stock market
Financials emerged as the top gainers while auto shares rallied on robust September sales
The 50-share NSE Nifty gained 53.30 points or 0.61 per cent to 8,778.
'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.' 'As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others who have taken a total of 30 crore policies from LIC.' 'It is not the government's or LIC's money to play poker with,' says S Muralidharan, former managing director, BNP Paribas.
Tracking gains in bluechip stocks, investors were also seen building up position in broader markets, lifting the small-cap and mid-cap indices by 0.83 and 0.15 per cent
Metals bucked the trend and shone across the board.
To save promoters from 10% levy, 70 firms call board meetings on interim pay.
Experts say the size of the fund shouldn't be a primary criterion for selection.
Broader markets outperformed with BSE Midcap and BSE Smallcap adding 0.23% and 0.45%, respectively
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
Benchmark share indices trimmed intra-day gains after global crude oil prices resumed their downward trajectory after sharp gains on Friday.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
The positive bias was aided by metal, realty and auto indices
Polish fifth seed Agnieszka Radwanska was the highest women's casualty at the Miami Open on Saturday, blown away for the second time this year by Croatian Mirjana Lucic-Baroni.
However, investors have turned cautious over the likelihood of Britain leaving the European Union.
A 91-year-old top leader of the fundamentalist Jamaat-e-Islami was sentenced to 90 years in jail on Monday by a special Bangladeshi tribunal for masterminding atrocities during the 1971 war of independence against Pakistan.
The 30-share Sensex ended down 297 points at 27,438 and the 50-share Nifty closed 93 points lower at 8,305.
According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
ONGC was the top performer while private banking major ICICI Bank extended gains
The 30-share Sensex ended up 1 point at 27,459 and the 50-share Nifty ended down 1 point at 8,341.
The trend was visible in the early trade on Thursday as investors indulged in trimming their bets after the minutes of the US Federal Reserve's September meeting indicated a possible rate hike this year.
Sensex,Nifty to remain under pressure through the week.
World No 1 Novak Djokovic and fourth-seeded Andy Murray each had to contend with different degrees of adversity before they advanced.
Caroline Wozniacki became the biggest name to fall at the BNP Paribas Open.
All the results from the matches played in the BNP Paribas Paris Masters on Tuesday
Analysts are expecting inflation to fall further in October and November on base effect. Inflation measured by consumer prices has been trending down for over four months, and came in at 6.7 per cent in September.
Top losers are Sun Pharma, Bajaj Auto, L&T, ITC, Hero Moto.
'The day-to-day control of banks is in the hands of political bosses and bureaucrats who are not answerable.' 'The political system uses the banks as a helicopter to throw money to the sector they want to patronise in order to win the next election.'
World number one Rafael Nadal will face compatriot David Ferrer at next week's ATP World Tour Finals in London, with last year's champion Novak Djokovic and runner-up Roger Federer drawn in the second group on Saturday.
Roger Federer booked his place in the ATP World Tour Finals for a record-tying 12th consecutive year when he dismissed South African Kevin Anderson 6-4, 6-4 to reach the third round of the Paris Masters on Wednesday.
'By not letting bankrupt banks fail, we have discouraged ordinary folk from taking precautions while choosing their bank or at least when they hear bad news about their bank,'says S Muralidharan, former MD, BNP Paribas.
In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
Investors widened their bets on optimism that upcoming general budget -- to be unveiled next month - would contain incentives for corporates, which will help boost the economy
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
Asia's falling stocks have triggered an exodus of funds from the region.
Firms have to adhere to strict compliance requirements mandated by global parents
No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
Investors turned cautious ahead of the US Fed meet outcome later today and July F&O expiry.
Summary of sports events and persons who made news on Saturday
The BSE Mid-Cap index was currently up 0.83%. The BSE Small-Cap index was currently up 0.8%.
