Benchmark indices ended the day lower with the Nifty ending with losses for the 6th straight day led by a sharp decline in the stock price of Tata Motors.
Banking stocks which were hammered down ever since the RBI Monetary Review, saw some recovery in trade. Punjab National Bank, State Bank of India and Federal Bank were among the gainers. Private sector banks like Axis Bank and Yes Bank also saw some recovery in trade.
Shares in Infosys continued to see buying interest as the management announced some structural changes.
Talwalkars saw some selling pressure after the company's results came in slightly below expectations. Shares in Ballarpur Industries were hammered down as the company reported a Q2 consolidated net loss at Rs 50.6 crore versus profit of Rs 17.4 crore.
IT shares saw some buying interest with HCL Tech and TCS among the gainers. Meanwhile, markets across Asia ended the day marginally higher ahead of the US jobs data. European markets were marginally lower as debt concerns in Greece continued to weigh on markets there.