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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Indian conglomerate Larsen & Toubro said on Monday revenue totalled 191.23 billion Indian rupees ($3.2 billion) in the first quarter, beating analyst forecasts, after a rise in orders from international clients. Full Article