The 30-share Sensex ended down 261 points at 27,177 and the 50-share Nifty ended down 91 points at 8,214.
Market breadth on the BSE ended firm as 1,908 shares advanced and 1,156 shares declined
Companies to hold rates in Delhi until new government is formed.
Like Nehru, Modi is loathe to touch the public sector. His policy towards Israel leans towards 'non-alignment'. You can find other similarities: frequent public speeches, personalised leadership, total control over foreign and strategic policies, even stylised dressing, says Shekhar Gupta.
Sensex falls at close; metals, banks perform well.
Moving from pricing control to a free market means stiff competition.
Custom duties, a major concern for the oil sector.
Re-instatement of 5% custom duty on crude imports will help.
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