* NSE closes down 0.02%, BSE settles 0.03% higher
* Titan top loser in the NSE index
* TCS closes down 1.9% ahead of Q1 results
Indian stocks took a beating on Monday as some budget proposals by the government last week sparked a selloff and sent both indexes over 2% lower. market is still coming to terms with the fine print of the budget," said Anand James, chief market strategist at Geojit Financial Services.
Losses were broad-based and the momentum will slow down with earnings kicking in, he added.
"While earnings might not give a great deal of positivity and revive markets, individual stocks will move and that is a glimmer of hope markets are looking from a thematic point of view," he said.
Shares of IT services firm Tata Consultancy Services Ltd TCS.NS closed 1.9% lower ahead of the company's first-quarter results due later in the day.
Titan finished the session 12.3% lower, while Baja Finance closed up 5.56%. finance company REC Ltd RECM.NS slumped 14.4% as the Index Maintenance Sub-Committee of NSE Indices Ltd decided to remove https://nseindia.com/content/indices/ind_prs08072019.pdf it from the Nifty CPSE index with effect from July 15. the midday report, see
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