Bank stocks reeled under selling pressure, falling up to 7 percent after minutes of the RBI's last policy meeting indicated a shift towards a hawkish stance from June.
Sensex after moving between 34,311.29 and 34,487.33, finally settled 11.71 pts, or 0.03 pc, lower at 34,415.58, while Nifty closed 1.25 pts, or 0.01 pc down at 10,564.05.
U.S. stock index futures nudged higher following strong earnings from industrial heavyweights General Electric and Honeywell.
Sensex slipped 12 pts to end at 34,415.58 as participants turned cautious after minutes of the last MPC meeting indicated the RBI may shift to a hawkish stance in June.
Weaker sterling helped Britain's FTSE 100, Reckitt tumbled after disappointing results and Shire declined as Allergan pulled out of the running to acquire the company.
Aditya Birla Group May Raise $1 Bn To Repay Regulatory Dues
AB Group To Sell Stake & Promoter Entities Of Co
In Talks With Large PE Funds
Deal Will Let AB Group Maintain Current Shareholding
PE Investors To Get Indirect Stake In Idea
Bags Orders For Rural-Urban Electrification Project
Project worth Rs 3577.93 Cr
Projects under Saubhagya Yojna
Projects to be completed within 15 months
Board Meeting On April 19 To Consider Various Bids Received
CKP Financial Open Offer To Acquire 1.39 Cr Shares Of Co
Offer Represents 25.02% Stake, With Price Of Rs 400/Sh
To make an investment of rs 500 cr in GIFT City
Will develop about 1,000 housing units in GIFT City
Residential footprint rises to 10 cities with investment