Shares of automobiles companies were trading higher by up to 4% on the National Stock Exchange (NSE) in an otherwise subdued market after the Rajya Sabha passed the Goods and Services Tax (GST) Constitutional Amendment Bill.

Tata Motors (up 4% at Rs 496), Hero MotoCorp (2% at Rs 3,293), Bajaj Auto (2% at Rs 2,766), Ashok Leyland (1% at Rs 86.70), Maruti Suzuki India (1% at Rs 4,922) were up in the range of 1%-4% on the National Stock Exchange (NSE).

Key benchmark indices weakened once again and hit fresh intraday low in mid-morning trade. At 11:20 IST, the barometer index, the S&P BSE Sensex was down 238.30 points or 0.85% at 27,743.41. The losses for the Nifty 50 index were lower in percentage terms than those for the Sensex.

The Nifty was currently down 63.20 points or 0.73% at 8,559.70. The Sensex hit lowest level in almost two-weeks. The Nifty hit lowest level in more than one-week. Weakness in Asian stocks weighed on sentiment.

The BSE Sensex recovered by almost 67 points in early trade on fresh buying by investors and foreign funds buoyed by a pick up in infrastructure sector in June coupled with rising hopes of GST Bill passage this week.

The 30-share index rose 66.94 points or 0.23% to 28,070.06 with all the sectoral indices led by FMCG, capital goods, auto, healthcare and banking, advancing by up to 1.11%. The gauge had lost 205.48 points in the previous two sessions.

Benchmark share indices shrugged off weak global cues to end higher followig the expiry of July F&O derivative contracts after the recent developments in the parliament rekindled hopes of the GST Bill getting passed in the ongoing monsoon session of Parliament.

The domestic equity markets staged a strong comeback after Tuesday's losses in early trade as the BSE Sensex recovered by about 144 points in early trade, following widespread buying amid rising hopes over passage of the GST bill in Parliament.

Moreover, sustained foreign fund inflows and a mixed trend at other Asian markets on caution ahead of the US Federal Reserve's policy decision later in the day, influenced market sentiment.

MUMBAI: Market benchmark Sensex broke below the 28,000-mark on Tuesday after sliding 119 points as investors booked profits in recent winners amid caution ahead of key meetings of central banks in the US and Japan.

The broader NSE Nifty also failed to maintain the key 8,600-level.

Indian equity markets traded in the positive territory on Monday prompted by positive global cues and expectations of healthy quarterly results.

Consequently, the two key indices traded in the green during the mid-afternoon trade session, as healthy buying was witnessed in all the 19 sub-indices of the BSE, led by stocks of consumer durables, oil and gas and banks.

The benchmark BSE Sensex jumped about 284 points to reclaim the 28,000-level at mid-session on Monday on across-the-board buying led by banking stocks amid sustained foreign fund inflows on optimism over GST bill's passage.

Moreover, a firming trend overseas as investors pinned their hopes on fresh Bank of Japan stimulus, too accelerated buying activity in domestic equities.

Leading bourse the National Stock Exchange (NSE) will auction investment limits for overseas investors for the purchase of government debt securities worth Rs 7,264 crore on Monday.

The auction will be conducted on NSE's e-bid platform from 1530 hours to 1730 hours, after the close of market hours.

Bengaluru: Indian shares fell on Thursday to post their biggest daily percentage loss in four weeks after earnings from HDFC Bank Ltd and Kotak Mahindra Bank Ltd raised some concerns about bad loans ratios in the sector.

HDFC Bank fell 0.3%, while Kotak Mahindra Bank fell 2.71%. Both banks hit record highs earlier in the session.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.