For the second successive year, Monsoon is likely to be below normal with parts of north-west and central India to be the most affected.
Fear factors weights on markets, Sensex, Nifty struggle to keep pace.
Normal monsoon makes FMCG, automobile and consumer durable companies optimistic about growth prospects
Financials ended mixed despite the status-quo on key rates by the RBI. SBI, ICICI Bank and Axis Bank ended up 0.4-2.5% each.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
Monsoon is expected to cover central and eastern India after Tuesday.
Sensex dull at close, Infosys rules, ITC drags.
Movement of rupee and crude oil prices will also dictate the trend
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