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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Prime Minister Narendra Modi may consider using an executive order to push through laws overhauling the insurance and coal sectors, if the increasingly fractious parliament fails to pass them soon, two government officials said on Friday. Full Article