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The Nifty Auto index closed 1.15 per cent down at 11493.3.

In a note, UBS said India, along with Taiwan and Australia, look unattractive, especially on the valuations front, even as it is positive on ASEAN.

As of 30-Sep-2021, promoters held 0.0 per cent stake in the company, while FIIs held 23.73 per cent and domestic institutional investors had 13.18 per cent.

Analysts at Jefferies said that while there is no visibility on the outcome, the news flow has raised uncertainty till the Budget, keeping ITC range-bound.

Cash levels are at a one-year high while growth expectations are the weakest since April 2020, the survey showed.

“At the end of the day the market always respects earnings so as soon as the earnings tailwind comes through, investors will start to get interested in the stocks. ”

Among the new buys, Agrawal bought 14,00,083 equity shares or 1.05 per cent stake in Radico Khaitan during July-September period. His stake in the brewery player is worth Rs 156 crore.

The stock quoted a 52-week high price of Rs 1063.75 and a 52-week low of Rs 660.1.

In the spot market, highest purity gold was sold at Rs 47,384 per 10 gram while silver was priced at Rs 63,110 per kg on Monday, according to the Indian Bullion and Jewellers Association.

ACC’s total revenue from operations in July-September increased 5.98 per cent to Rs 3,749 crore from Rs 3,537.31 a year ago, the company said in an exchange filing on Tuesday.