A litre of petrol now costs Rs 76.52 in Delhi and Rs 77.13 in Bengaluru.

ONGC (1.37%) , ICICI Bank (1.33%)  and SBI (0.72%)  were the top  Sensex losers.  Market breadth was marginally positive with 1327 stocks closing higher compared to 1275 ending lower on the BSE.

The small cap stock has lost 53.30% during the last one year and fallen 61.22% since the beginning of this year. The stock gained 41.13% during the last four sessions. The stock is trading above its 50 day and 200 day moving average of 216.13 and 311.87.

As Nifty recovers on the back of stronger rupee and declining crude oil prices, global trends and the upcoming RBI Board meeting are going to direct the markets next week. Watch Vikas Jain, Senior Research Analyst, Reliance Securities in BusinessToday.In's Weekly Market Wrap to know more.

Petrol price Sunday was cut by 20 paise a litre and diesel by 18 paise, the 29th straight daily reduction in rates that has wiped away all of the massive price increase in petrol witnessed in two months since mid-August.

The present government, Panagariya said, has made a huge progress in implementing reforms including some difficult structural ones such as the GST and IBC that previous governments had difficulty in introducing.

The recent infusion from foreign portfolio investors comes following a net outflow of more than Rs 38,900 crore in October, which was the steepest withdrawal in nearly two years.

The proposal envisages selling about 5% equity stake in ONGC, 3% in IOCLand 10% in OIL.