Money on the markets
A maturing market amid the mayhem
Sensex snaps 3-day rise, ends 0.9 pct lower
The Sensex seesawed and ended down 0.9 percent on Tuesday, snapping a three-day rising streak as investors booked profits and weak European markets dampened sentiments.
Index heavyweight Reliance Industries ended nealry 2 percent lower and SBI slipped 3.8 percent.
The banking index shed 2 percent, followed closely by the IT index which ended 1.7 percent down.
TCS slipped 4.8 percent and Infosys lost 1.8 percent in the session. However, Rolta India bucked the trend and rose over 17 percent. It was the top traded counter on the BSE.
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- Yahoo buying Tumblr for $1.1 bln, vows not to screw it up
- China offers India a "handshake across the Himalayas"
- StanChart to buy Morgan Stanley India wealth management arm
- Chidambaram: more steps to cut gold imports if needed
- Essar Oil to sign $1 bln debt-for-fuel deal with China
- RBI says foreign investors may buy inflation-linked bonds
- Strong demand from FIIs for government debt quotas
- Rupee weakens to 2-1/2 month low; key support to be tested
- RIL restarts crude unit after brief shutdown
- Silver falls; gold heads for longest slide in four years
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