With mobile data getting cheaper, insurers are introducing technologies that eases buying and lodging claims.
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
The 30-share Sensex closed down 115 points at 28,444 and the 50-share Nifty ended down 31 points at 8,524.
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Cashi Crisis: Day 9: Aaj ki Taaza Khabar!