* Equity market still the favourite for investors
* IIP DATA: India May industrial output growth 3.8% vs 10.6% yr ago
* India Jun 28 WPI inflation rate 11.89% vs 11.63% week ago.
* Infosys Q1 net beats estimates at 13.02 bln rupees, up 21% on yr.
* Govt says Cabinet to decide Parliament special session date today.
* S&P says upside, downside to India's ratings "currently balanced".
* Infosys says economic environment challenging, pricing stable.
* BHEL gets 21.7-bln-rupee power plant order from Tamil Nadu govt.
* Lotus Eye Care lists at 40 rupees on NSE vs 38 rupees IPO.
* IDFC Mutual Fund mops up 1 bln rupees in yearly debt plan.
* India's crude oil basket down marginally to $134.18 per thu