Nifty remains weak, Sensex hovers around 28000; RIL, HDFC drag

Epic Update RIL
Epic Update RIL

Benchmark indices continued to fall in noon trade with the Nifty struggling below 8700 level from early trade, following weakness in Asia.

The 30-share BSE Sensex was down 136.81 points at 27993.03 and the 50-share NSE Nifty fell 35.25 points to 8664.15.

Reliance Industries, HDFC, Axis Bank and Cipla drove the market lower, which declined 1.5-3 percent.
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