Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
The index had risen over 585 points in the previous three sessions.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
Sensex is under pressure due to concerns in the global market.
144 companies will pay Rs 61,087 crore in equity dividends to their shareholders for FY16, an increase of 19.2 per cent year-on-year
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
Sensex in green in afternoon trade.
Markets across the globe gained after China Securities Regulator removed its four-day-old circuit-breaker system.
Benchmark share indices ended lower for the third straight session as investors turned cautious amid tensions in Iraq even as consumer durables shares stole the limelight tracking rally in gold prices.
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
'India is likely to do better than other emerging markets.'
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.
Salil Dhawan reveals the MFs that have not only performed well in the past but have a promising outlook for the future too.
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