Sensex choppy, Midcap outperforms; September WPI eases to 3.57%

Epic Update Infosys

Epic Update Infosys

Equity benchmarks remained volatile in noon trade but broader markets outperformed with the BSE Midcap and Smallcap indices rising 0.6 percent each. Oil and infra stocks continued to support the market but the selling in Infosys and HDFC limited upside.

The 30-share BSE Sensex was up 31.96 points at 27675.07 and the 50-share NSE Nifty gained 5.05 points at 8578.40.

The market breadth remained positive as about 1524 shares advanced against 895 declining shares on the BSE.

Wholesale price index eased to 3.57 percent in September from 3.74 percent in preceding month today. Consumer price index also declined further to 4.31 percent from 5.05 percent in same period.

Infosys fell over a percent after the company slashed full year revenue guidance to 8-9 percent from 10.5-12 percent earlier.
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