Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
Today, India is one of the fastest-growing eCommerce markets in Asia/Pacific along with China.
In the last couple of months, the Prime Minister has visited Japan and the US and launched the Make in India campaign to lure foreign investments into manufacturing sector.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Despite the recent Western criticism on Bangladesh's labour standards, India has a long way to go before it overtakes the neighbour in global exports.
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
The 30-share Sensex ended down 35 points at 26,349 and the 50-share Nifty ended down 20 points at 7,864.
The benchmark BSE Sensex ended down 2.23 per cent. The Bank Nifty fell 3.59 per cent.
Growth concerns on China, which has already seen the yuan getting devalued twice in August, have rattled global financial markets, including that of India.
India Inc has few leaders who are likely to grab headlines in 2015.
RBI must balance the need for improving domestic bank credit demand and respond to lower inflation.
Tista Sengupta/Rediff.com speaks to aspiring plus size models who, for the first time, will walk at Lakme Fashion Week.
Sensex dull at close, Infosys rules, ITC drags.
From mass layoffs to acquisitions, here's how the Indian start-up industry kept us on our toes.
The UPA Government is trying to push through the second wave of airport privatisation before the elections and the controversial elements of this process threaten to harm the sector.
Mumbai police chargesheets billionaire-builder Chandru Raheja for cheating, breach of trust; Rahejas call it pressure tactic, say Wadia plea was thrown out by Supreme Court
The New Year, like 2014, will see brisk hiring. But, specialisation and strong domain skills will decide who gets hired.
The concept of gold as an asset capable of getting anytime money is evaporating.
The index had risen over 585 points in the previous three sessions.
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.
