"The market is still coming to terms with the fine print of the budget," said Anand James, chief market strategist at Geojit Financial Services. Shares of IT services firm Tata Consultancy Services Ltd closed 1.9% lower ahead of the company's first-quarter results due later in the day. Titan finished the session 12.3% lower, while Baja Finance closed up 5.56%. REC Ltd slumped 14.4% as the Index Maintenance Sub-Committee of NSE Indices Ltd decided to remove it from the Nifty CPSE index with effect from July 15.
"The market is still coming to terms with the fine print of the budget," said Anand James, chief market strategist at Geojit Financial Services. Shares of IT services firm Tata Consultancy Services Ltd closed 1.9% lower ahead of the company's first-quarter results due later in the day. Titan finished the session 12.3% lower, while Baja Finance closed up 5.56%. REC Ltd slumped 14.4% as the Index Maintenance Sub-Committee of NSE Indices Ltd decided to remove it from the Nifty CPSE index with effect from July 15.