The broader markets outperformed, trading flat. The market breadth was marginally weak as about 903 shares declined against 892 advancing shares on Bombay Stock Exchange.
Infosys lost 3.5 percent after Tamin Nadu government has allowed setting up unions in IT sector. Dr Reddy’s Labs plunged nearly 2 percent after the US Agency accused company of drug packaging violations and the US regulatory body seeks civil penalty for the same.
Lupin shed 1 percent after the pharma major recalled over 54,000 vials of injection (Ceftriaxone) in US, which was manufactured at Mandideep facility.The US Food & Drug Administration recently closed its audit for Mandideep unit.
Among others, HDFC, ITC, TCS, HUL and Asian Paints were down 1-2 percent while Reliance Industries, NTPC, Axis Bank, ONGC and Maruti Suzuki were gainers.
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