Nifty rangebound ahead of F&O expiry; IT stocks rally, BHEL dips

Epic Update BHEL
Epic Update BHEL

Equity benchmarks remained rangebound with the Nifty moving in a 25 points range ahead of expiry of derivative contracts due on Thursday.

Technology stocks continued to support the market whereas FMCG, infra, healthcare and select banks stocks were under pressure.

The 30-share BSE Sensex was down 28.04 points at 27957.50 and the 50-share NSE Nifty fell 6.85 points to 8622.30. About 1182 shares advanced against 1060 declining shares on the BSE.

Infosys and TCS topped the buying list on Sensex, up around 2 percent whereas ITC, ICICI Bank, L&T, SBI, Bajaj Auto and BHEL were down 1-3 percent.
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