Laggards yet, a number of smaller PSBs in the category have balance sheets which do not give much comfort.
Movement of rupee and crude oil prices will also dictate the trend
During the 11 years ending FY15, Tata Sons cumulatively earned dividend income of around Rs 31,500 crore from TCS.
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
The 50-share NSE Nifty ended flat, up 5.80 points, or 0.06 per cent, at 10,308.95.
The broader NSE Nifty cracked below the key 10,400-mark to touch a low of 10,336.30, before finally ending 15.95 points, or 0.15 per cent, down at 10,410.90.
Pharma major Lupin and mortgage lender HDFC were the top losers.
The broader markets are outperforming the benchmark indices.
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
Oil and gas sectot may not put up good numbers in Q4.
The broader NSE Nifty scaled a high of 10,856.55 before closing up by 55.90 points, or 0.52 per cent
UK operations of several Indian companies might take a hit.
The fall was led by L&T, IndusInd Bank, PowerGrid, NTPC, TCS, ICICI Bank, Axis Bank, Hero MotoCorp, Bharti Airtel and SBI, declining up to 2.64 per cent.
Investors booked profits in recent gainers
ICICI Bank was the top gainer in the Sensex pack, surging 4.64 per cent, followed by Axis Bank at 3.86 per cent and SBI 2.53 per cent.
Investors booked profits after strong 641-point rally in the previous two sessions, brokers said.
The broader NSE Nifty closed 1.25 points, or 0.01 per cent down at 10,564.05.
The Indian rupee also trimmed most of its early gains and was trading at Rs 61.28 compared to its Wednesday's close of Rs 61.31 to the US dollar.
Arbitrage schemes can give investors better post-tax returns than debt funds.
Portfolio returns, say analysts at Morgan Stanley, are more likely to be driven by bottom-up stock-picking rather than top-down macro forces.
The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
The broader markets underperformed benchmark indices as the BSE Mid-cap and Small-cap tumbled over 2%.
Reflecting the bearish mood, all sectoral indices, led by metal, teck and healthcare, ended in the negative zone.
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.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
The positive bias was aided by metal, realty and auto indices
The Sensex closed down 308 points at 24,894 and the Nifty has lost 96 points at 7,559.
BSE Power, Healthcare, Capital Goods, FMCG and Metal indices gained between 0.6-1%.
Among the index heavyweights, Reliance Industries ended down 1.9% while mortage lender HDFC eased 0.2%. FMCG major ITC ended down 1.3%.
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
BSE Metal and Capital Goods indices plunged over 2% followed by counters like Consumer Durables, Auto, Banks and Realty, all falling down between 1-2%.
Markets snapped two-day losing streak and ended flat with a positive bias on Tuesday as gains in auto shares helped offset losses in IT majors.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
Sensex ended up 41 points at 29,136 and Nifty gained 4 pts to 8,809.
Sun Pharma was the biggest loser among Sensex components, plunging 3.94 per cent, followed by Tata Steel falling 3.12 per cent.
The market players are expected to react to the better than expected factory output data for the month of August, which revealed that the industrial production grew by 6.4%.
The 30-share Sensex ended lower by 61 points at 29,122 mark and the 50-share Nifty slipped by 12 points to close at 8,797.
In the Sensex pack, M&M was the biggest loser, tumbling by 6.66 per cent, followed by TCS dropping 4.14 per cent.
The weakness in the rupee and broader markets has led to evaporation in the market cap.
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