India Inc did not perform well during December quarter.
The 6-member Monetary Policy Committee, headed by Reserve Bank of India Governor Urjit Patel, in its fifth bi-monthly review, kept the repo rate unchanged at 6 per cent and reverse repo at 5.75 per cent.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Both the indices ended at their highest levels since February 1.
IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday
It would be beneficial for the economy to hold on to high interest rates till inflation numbers are under control.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
The 30-share Sensex ended up 1 point at 27,459 and the 50-share Nifty ended down 1 point at 8,341.
Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.
Engineering major BHEL rebounded from its day's lows to end around 1% higher.
10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
The S&P BSE Sensex closed at 26,190, up by 43 points and Nifty50 settled above 7,950 to end at 7,963, up by 17 points
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
BHEL down around 2.4% and Bharti Airtel down around 1.6% were other major losers.
.jpg)
The Sensex was around 18,600 by the end of August.
Indian indices fell more than those of most other emerging markets.
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
As investors try to second-guess the US Fed, corporate and election results could have a bearing on market direction
Even as the Indian benchmarks, the BSE Sensex and Nifty 50, crumbled over three per cent today, experts are optimistic about the Indian economy and believe investors can still make 30 per cent plus returns in 2015
Asian shares ended higher after a string of positive US economic data.
The finance ministry has short listed 11 PSUs for a possible buyback of shares in the ongoing financial year
The policy statement by the RBI governor is also expected to be upbeat.
.jpg)
The broader consensus was that the Fed would cut the monthly stimulus of $85 billion by $10-15 billion.
Over the past two decades, India has evolved economically as well as from the market's perspective.
'India easily remains one among the more attractive large economies, with high growth and stable/improving macros, as a top investment destination.' 'We are looking pretty good.'
