Sensex, Nifty continue to trade weak as St digests Sikka’s exit; TCS up 2%

Sensex, Nifty continue to trade weak as St digests Sikka’s exit; TCS up 2%

Friday, August 18, 2017


Epic Update TCS
he Sensex was down 219.85 points at 31575.61, while the Nifty was down 57.50 points at 9846.65. The market breadth was negative as 574 shares advanced against a decline of 1,274 shares, while 67 shares were unchanged.

Shares of Infosys have taken a beating on the back of the development around Vishal Sikka. A look at the stock’s movement in the past three years between August 1, 2014 and August 18, 2017, it has moved up 22 percent. Take a look at the chart below.

TCS, ITC, and Bharti Infratel were the top gainers on both indices, while Infosys, Sun Pharma and Zee Entertainment lost the most.

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