Sensex falls 100 pts, all sectoral indices in red; Axis Bank rises 2%

Axis Bank

Equity benchmarks extended losses in afternoon, with the Sensex falling 112.87 points to 33,566.37. Index heavyweights ITC, Infosys, Reliance Industries and banking & financials stocks were under pressure.

Capital Square Partners has acquired Aegis BPO from Essar Group for USD 300 million.

The Essar Group will repay debt of various financial institutions including Axis Bank from BPO business sale.

The 50-share NSE Nifty was down 37.50 points at 10,352.20 but the market breadth was positive. About 1,416 shares advanced against 1,037 declining shares on the BSE.

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Sensex, Nifty rangebound; RBI’s MPC meet outcome awaited Sensex, Nifty continue to be sluggish ahead of RBI policy; Europe mixed
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Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300