Reliance Industries was the top drag on the indices, down 2.5 per cent, after global brokerage firm Macquarie downgraded the stock to 'underperform'
At 4.5 percent the September quarter GDP is the lowest since March 2013 quarter, when it was printed at 4.3 per cent
The fund's anchor investors are Belgian private investment firm Verlinvest SA, a New York headquartered single-family office, a global fund of funds and a Middle East single-family office
Macquarie observed that the government would have to rely on big-ticket share sales in companies such as Coal India, ONGC, Axis Bank and ITC to shore up the disinvestment kitty