HDFC Bank and ITC dragged the Sensex lower as they were the top negative contributors to the Sensex, while ITC and Bharti Infratel were the top negative contributors on the Nifty.
The Securities Exchange Board of India (SEBI) has advised RBI to give some time to the custodians to divest the FII stake they purchased in HDFC Bank before 1.40pm last Friday, when the central bank notification about the breach of the limit was flashed on stock exchange terminals, sources privy to the meeting told Moneycontrol.
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