Sensex, Nifty trim some of their deep losses; Infosys down 10%

Epic Update InfosysEpic Update Infosys

Fall in IT bellwether, Infosys, continued to weigh on benchmark indices as they continued to trade weak. Having said that, indices were off the day’s low points.

The Sensex was down 354.42 points at 31441.04, and the Nifty was down 95.40 points at 9808.75. The market breadth was negative as 674 shares advanced against a decline of 1,686 shares, while 102 shares were unchanged.

TCS, Hindustan Unilever, Bharti Infratel and UltraTech Cement gained the most, while Infosys and Sun Pharma were the top losers.

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