BSE Sensex falls; tech sector hit
Reuters Market Eye - The BSE Sensex was down 0.21 percent, while the 50-share Nifty loses 0.12 percent. Technology shares were amongst the top decliners with the IT Index down 3 percent.
Provisional data showed foreign investors were net sellers of 6.30 billion rupees in Indian equities on Monday, even as Finance Minister Pranab Mukherjee said the General Anti-Avoidance Rule would be delayed until fiscal 2013/14.
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India could allow commercial coal mining by foreign companies if they set up units in the country, opening the door for global giants like Rio Tinto to access the world's fifth largest coal reserves, a source familiar with the matter said. Full Article