The NSE Nifty settled the day 93.20 points or 0.88 per cent lower at 10,452.30 after shuttling between 10,612.90 and 10,434.05.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
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The government holds 90 per cent stake in ITI which is valued at Rs 7,550 crore.
Sun Pharma was the biggest loser among Sensex components, plunging 3.94 per cent, followed by Tata Steel falling 3.12 per cent.