Sensex, Nifty off day’s low; HDFC twins support, TCS & Wipro dip

Epic Update HDFC Bank
Epic Update HDFC Bank

Equity benchmarks recouped losses in afternoon trade with the Nifty getting back above 8550 level, supported largely by index heavyweights HDFC, HDFC Bank and L&T. On the other side, Infosys, which fell more than 8 percent post earnings, weighed on the market.

The 30-share BSE Sensex was down 50.24 points at 27891.87 and the 50-share NSE Nifty fell 9.25 points to 8555.75. About 1499 shares declined against 1023 advancing shares on the Bombay Stock Exchange.

TCS and Wipro were down 2-3 percent while HDFC Bank, L&T, Tata Motors, HDFC, Axis Bank and M&M gained 1-2 percent.
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