Markets end in red; bluechips struggle to keep pace.
The first was wholesale funded banks and non-bank finance companies.
Further outperformance hinges on pickup in industrial activity, buying by local investors.
With inflation down, the government's twin deficits are largely under control.
The broader markets were firm with mid-caps and small-caps gaining 1-1.4 per cent on the BSE.
Asset managers are betting big on ETFs these days.
The Sensex ended below 28,000 for the second straight day at 27,869.
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