BSE Sensex marginally lower
MUMBAI (Reuters) The BSE Sensex eased a tad on Thursday as investors were in consolidation mode after a big rally in March, canada goose coats while underlying sentiment remained upbeat following a spurt in foreign fund buying.
A stockbroker uses his terminal to trade at a brokerage firm in Mumbai September 30, 2008. REUTERS/Punit Paranjpe/Files
Maruti Suzuki shed as much as 2.2 percent after the top car maker said late on Wednesday it would recall some diesel engines, while energy explorer Cairn India fell 1.5 percent after approval for Vedanta Resources deal to buy majority stake was cheap canada goose uk further delayed. (0437 GMT), the 30 share BSE index was down 0.07 percent at 19,597.58 Canada Goose sale points, with half of its components canada goose store trading in the red. The benchmark had rallied 9.1 canada goose uk shop percent Canada Goose online in March, notching its biggest gain in six months.
Around 75 million shares changed hands on the BSE, while gainers were more than double the number of canada goose uk outlet losers.
is just consolidation after the decent gains, said Vaibhav Sanghavi, director of Ambit Capital. underlying tone is definitely bullish, with so much of money coming in.
Foreign funds have pumped around $2.8 billion into equities since the start buy canada goose jacket of March, after being net sellers canada goose coats on sale in the first two months, on Canada Goose Jackets hopes a sale canada goose canadian goose jacket market correction made the market attractive given economic growth was still robust.
The BSE index is Canada Goose Online down 4.5 percent in the year to date.
Maruti was trading down 1.3 percent at 1,277.95 Canada Goose Coats On Sale rupees after uk canada goose the company said it would recall 13,157 diesel engine cars.
Analysts said the fall buy canada goose jacket cheap in prices Canada Goose Parka was a knee jerk canada goose factory sale reaction as the recall would hardly cause any financial impact for the company that sells more canadagooseparks than 120,000 vehicles a month.
small recall like this one will not have any impact on the brand image, said Surjit Arora, canada goose black friday sale research analyst at Prabhudas Lilladher.
Vedanta Resources had struck a deal last August to buy Cairn Energy canada goose Indian unit for about $9.6 billion, but the transaction is yet get government approval following issues related to royalty payments.
On Wednesday, the government further delayed a decision on deal by referring it to a panel of ministers for further review.
Outsourcers took a breather after the rally seen since the start of March. The sector index was down 0.8 percent, but is still up 8.1 percent since the end of February.
Leading software firms Tata Consultancy Services, Infosys Technologies and Wipro were down between 0.7 percent and 1.2 percent.
The 50 share canada goose clearance BSE index was down 0.1 percent at 5,886 points.
STOCKS ON THE MOVE ARSS Infrastructure Projects was up 2.4 Canada Goose Outlet percent at 626.80 rupees as the construction firm said it won an order worth 446.5 canada goose uk black friday million rupees.
Persistent Systems rose 2.5 percent to 416.75 rupees after the IT firm said it had entered into 26:74 percent joint venture with New canada goose clearance sale York Stock Exchange listed Sprint Nextel cheap Canada Goose Corp to provide Internet uk canada goose outlet and managed network services in India.