India's GDP for the three-month period ended September 30 grew 7.4%.
Modi is the first Indian Prime Minister to attend Davos meeting in about 20 years since H D Deve Gowda in 1997.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Banks and realty among the most hit on account of high borrowing costs.
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
The breadth was neutral with 1,329 advances and 1,320 declines.
Not only young companies, even some established players are opting to function out of co-working spaces with an aim to quickly scale up their services. Sangeeta Tanwar reports.
The Modi PMO is like none other: It is staffed by people who are so low profile that the only dominant personality is the Prime Minister's.
Weak monsoon forecast rekindled fears of higher inflation.
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ITC, Infosys, Wipro and HDFC Bank among the major losers.
The 30-share Sensex ended up 292 points at 29,571 and the 50-share Nifty closed up 75 points at 8,910.
The 30-share Sensex jumped 729 points to end at 28,076 and the 50-share Nifty soared 217 points to end at 8,494.
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.
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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