'We are in the reverse gear and we are not there anywhere compared to the rest of the world'
Financials declined amid profit taking while energy shares fell after the government hiked excise duty on transport fuels.
Monsoon is expected to be normal in June.
Sales of commercial vehicles rose 8.59 per cent to 56,140 units in September, SIAM said.
Sensex may remain under pressure this week due to weak global factors.
The 30-share Sensex lost 54 points at end at 27,086 and 50-share Nifty shed 19 points to close at 8,096.
Benchmark share indices ended lower for the third straight session as investors turned cautious amid tensions in Iraq even as consumer durables shares stole the limelight tracking rally in gold prices.
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.
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels and would be listed as a separate entity in three years.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
Rate-sensitive sectors like banks, realty and auto witnessed heavy selling pressure ahead of the RBI Monetary policy which is scheduled on September 29.
Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
Capital goods, IT, auto and pharmaceuticals lead gains for the financial year
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
Custodian banks are selling dollars for their foreign fund clients.
That resulted in a 50-basis point improvement in operating profit margins on a sequential basis.
National Demorcatic Alliance ministry's list of assets is fairly wide -- from land and property to vehicles and, for quite a few, guns. Nivedita Mookerji reports
Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
With no signs of economic revival under the current political circumstances, SIAM said it expected a turnaround in the fortune of the auto industry only after a new government is formed after the general elections next year.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
The 30-share Sensex ended 117 points higher at 26,560 and the 50-share Nifty gained 31 points to end at 7,936.
Markets ended lower following expiry of July F&O contracts and sales by foreign funds.
The progress on US debt ceiling talks, domestic inflation numbers and second quarter earnings of companies are expected to keep investors busy in the truncated trading week ahead.
Sensex gained over 100 points and ended at 26147.33 while the Nifty ended 27 points higher at 7,795.75.
The S&P BSE Sensex ended 46 points lower at 24,824 and Nifty50 settled at 7,555, down by 8 points after hitting intra-day high of 7,600.45.
ITC, Infosys, Wipro and HDFC Bank among the major losers.
Market breadth was weak with 1,260 advances and 1,597 losers on the BSE.
Sensex ended strong, Tata Steel, HUL climb higher.
The Sensex ended below 28,000 for the second straight day at 27,869.
The 30-share Sensex closed at 27,112 up by 481 points whereas the Nifty ended higher by 139 points at 8,115.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
Sensex ended at 26,272 up 125 points and Nifty ended at 7,831 up by 35 points.
Sensex climbs higher on favourable global cues.
Net profits may dip 4.9% y-o-y, but the silver lining is that performance may be better than the preceding quarter
4 MNCs among top 10 companies with dividend-earning promoters in FY15.
Sensex is under pressure due to concerns in the global market.
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.