Sensex, Nifty remain under pressure; Infosys drags IT index 1%

Epic Update Infosys

Benchmark indices continued to reel under pressure amid volatility. Investors digested UK exit poll that showed there could be a possibility of hung parliament after Thursday’s election.

The 30-share BSE Sensex was down 75.63 points at 31,137.73 and the 50-share NSE Nifty fell 24.30 points to 9,622.95.

Infosys (down 2.5 percent) pulled the Nifty IT index lower by 1 percent as investors turned cautious on the stock after a media report said co-founders may be exiting the company.

Adani Ports, GAIL and Wipro were down 1-2 percent followed by ITC, ICICI Bank, HDFC, Tata Motors and SBI whereas Reliance Industries and Maruti gained a percent each.

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