Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
Removal of mark-ups to be paid by Maruti, other changes could raise funding need to Rs 6,000 crore.
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Punjab National Bank has made a name for itself in recovery of bad loan dues. Usha Ananthasubramanian, managing director and chief executive officer of the government-owned lender, explains how it has achieved this reputation.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
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Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
The Sensex ended below 28,000 for the second straight day at 27,869.
Sensex hit a record high of 27,225.85 and Nifty hit a record high of 8,141.90 in the intra-day trades today.
The Nikkei share average rose 2.6% to close at 15,195.77 points, more than recouping Tuesday's losses.
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Banking as we know it will stand on its head in the next 10 years.
The cutback on export credit refinance facility is another step towards a shift away from sector-specific liquidity allocations.
Lenders are not enthused because, as brokers, their responsibility towards policyholders will be higher than corporate agents.
V Viswanand, director and head, Products and Persistency Management, Max Life Insurance, will answer your queries in an online chat September 3, between 2 pm and 3 pm.
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
Engineering major BHEL rebounded from its day's lows to end around 1% higher.
Mallya will now be the Founder Emeritus of USL
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
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