Nifty ends above 8,400; TCS, HDFC surge 2%, Bajaj Auto dips 2%.
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Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
Tata Steel, SBI, L&T and Sun Pharma advanced 2-5% each.
Senior Executive Director & Co Head (Strategy) of Kotak Institutional Equities Sanjiv Prasad tells Prasanna D Zore/Rediff.com that even if there are a number of challenges facing the Indian equity markets, there are certain sectors that offer a ray of hope.
Indian CEOs might like to make some serious course correction.
4 MNCs among top 10 companies with dividend-earning promoters in FY15.
Pharma major Lupin and mortgage lender HDFC were the top losers.
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
In the broader market, BSE midcap and BSE smallcap indices underperformed the larger counterparts and ended flat with a negative bias.
The market breadth ended weak on the BSE with 2,086 shares declining and 893 shares advancing.
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Cumulatively for the first two quarters till now, the advance tax collections from the Mumbai zone, which contributes over a third of the income tax collections nationally, have grown 11 per cent, the official said.
The two countries also asked all nations to stop cross-border movement of terrorists and asserted that a decisive collective response from the international community without 'double standards and selectivity' was required to combat the threat of terrorism.
Biggest contribution came from Bharti group-led Satya Electoral Trust.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
FIIs pump in Rs 2,075 crore in past three trading sessions.
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Investors often forget that the movements in indices such as the Sensex reflects the performance of its constituent stocks; nothing else.
