Developers are also hopeful that some of the measures announced by the Government to revive the economy as well as the sector will start bearing fruit in the coming year.
Tata Steel and JSW Steel were down by 2.4 per cent and 2.2 per cent respectively. Zee Entertainment, Tech Mahindra and HCL Technologies also lost between 1.7 per cent and 2.8 per cent each.
The US President had called for more aggressive cuts in the interest rate. In a series of tweets on Monday, Trump had criticised the Federal Reserve for making "all the wrong moves", adding "a small rate cut is not enough."
New Delhi, Jan 3: Housing, auto, and corporate loans are all set to become cheaper with half a dozen PSU...