Nifty holds 8850 amid volatility; Bharti Airtel, ITC drag


Equity benchmark indices continued to see volatile movements in noon ahead of expiry of February derivative contracts on Thursday.

The 30-share Sensex was down 17.87 points at 28643.71 while the Nifty traded lower by 4.20 points at 8875.00.

The market breadth was seen narrowing with 1,410 shares having advanced against 1,075 shares having declined.

HDFC Bank and ITC dragged the Sensex lower as they were the top negative contributors to the Sensex, while ITC and Bharti Infratel were the top negative contributors on the Nifty.

Bharti Airtel and ITC were the top losers on the Sensex. Bharti Group stocks Bharti Airtel and Bharti Infratel were the top losers. Axis Bank, Tech Mahindra and HUL were among the top gainers on Sensex and Nifty.

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