Above normal monsoon forecast and strength in Asian equities lifted sentiments.
The 30-share Sensex ended down 159 points at 27,425 and the 50-share Nifty closed down 24 points at 8,299.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
'We have great demographics, and are the fastest growing large economy. And we save.' 'All of which is great for financial services,' Aditya Birla Capital CEO Ajay Srinivasan tells Niraj Bhatt.
Global brokerage firm CLSA is positive on India's growth stroy.
Find out what the ace designer has to say about these stars.
Auto and realty shares were among the top Sensex gainers.
The calculation excludes cross-holding of listed group cos in each other.
Impact of the slowdown is most visible among promoter/owner-CEOs
Another important early decision of Birla was to get into the wireless telephony business in association with AT&T and another revered Indian business house, the Tatas.
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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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