Sensex falls, Midcap outperforms; L&T Infotech lists at discount

L&T Technology Services Update by Epic Research
Equity benchmarks erased early gains but the broader markets continued to outperform with the BSE Midcap and Smallcap indices rising 0.4-0.6 percent.

The 30-share BSE Sensex was down 31.02 points at 27884.87 and the 50-share NSE Nifty fell 5.80 points to 8560.05. About 1071 shares advanced against 795 declining shares on the Bombay Stock Exchange.

L&T Infotech listed at a 6 percent discount on the exchange. The stock opened at Rs 667 against issue price of Rs 710.

Axis Bank lost another 1.6 percent, in addition to 1 percent loss in previous session ahead of Q1 earnings on Friday.

Reliance Industries, TCS, L&T, ICICI Bank and Dr Reddy’s Labs were other losers in trade while ITC, Asian Paints, HDFC Bank, Tata Motors, ONGC and Sun Pharma were gainers.

For more information and best NIFTY FUTURES TIPS Call us ✆ – 0731-6642300 or Visit

Connect with our social media sites
Next Post »