Besides, weak Asian cues following a slide in oil prices weighed on sentiment, brokers said. The 30-share index was trading lower by 103.69 points, or 0.37%, to 27,732.82. The share prices of Tata Group companies remained in the red for the third straight session after it unceremoniously removed Cyrus Mistry as the chairman. Tata Chemicals was down 2.44%, Tata Motors 1.44%, Tata Power 1.80%, Tata Steel 1.04%. Major losers were Tata Motors, Tata Steel, Asian Paints, Wipro, SBI, Lupin, TCS, Axis Bank, L&T and Power Grid, falling by up to 3.02%.

Source: dna October 27, 2016 04:59 UTC