The BSE 30-share barometer dropped 134.05 points, or 0.37 per cent, to 36,444.91 in early trade as index major Reliance Industries, Tata Steel, Tata Motors, ICICI Bank and Maruti Suzuki declined.

Total income of the lender, however, improved to Rs 1,921.93 crore during the quarter under review, as against Rs 1,735.77 crore in the year-ago period.

Sebi turned down the buyback offer since the ratio of the aggregate of secured and unsecured debts owed by the company after buy-back would be over twice L&T's paid-up capital and free reserves.

The revenue from operations also spiked to Rs 12,138.7 crore during the December quarter of current fiscal as compared to Rs 11,072.7 crore to the same period from the past financial year.

The net profit declined 7.5 per cent sequentially from $29.1 million last quarter to $26.9 million this quarter.

Of 30 Sensex stocks, 27 ended in the green. YES Bank (3.86%), Infosys (3.66%) and Reliance Industries (3.02%) were the top Sensex gainers.

YES Bank (2.87%), Reliance Industries (1.35%) and Infosys (1.27%) were the top Sensex gainers.

The stock has been gaining for the last four days and risen 4.42% during the period.  It has gained 29.34% during the last one year.

The Bill has focused on enforcing the consumer rights along with timely and effective administration of consumer disputes.

Infosys announced a special dividend of Rs 4 per share. The company also announced a share buyback worth Rs 8,260 crore under open market route at a maximum price of Rs 800 per share.