Nifty components Eicher Motors Ltd EICH.NS and Sun Pharmaceutical Industries Ltd SUN.NS ended 1.12% and 0.61% lower respectively, ahead of their March-quarter earnings. India's central bank said the economy had not moderated as much as it did during the first wave of the coronavirus, but uncertainties might act as a short-term deterrent and private demand would be key to revival. Global equities have received a boost after U.S. Federal Reserve officials earlier this week reaffirmed a dovish monetary policy stance, reassuring investors worried about the prospect of rising inflation.