The Bombay Stock Exchange (BSE) sensex began on a strong note on Monday, and was up 43 points at one point, before disinvestment minister, Arun Shourie spoilt the party by refusing to specify a time-frame for disinvestment in HPCL and BPCL.
The market showed its displeasure by commencing a massive sell-off, which ended with the sensex closing 37 points lower at 3269.31.
Meanwhile, at the National Stock Exchange, the Nifty index shed 11.13 points to close at 1,058.65.
Monday