Sensex edges lower, Infosys falls 3% on lower guidance

October 14, 2016 4:28 pm
More videos

Sensex and Nifty have been trading in the red. Sensex has gone up 45 points at 27,685 and Nifty up by 6 points at 8,580 on Friday today, tracking gains in select oil & gas, auto and capital goods stocks. As the markets had opened, Infosys shares registered 5.3 per cent slump to hit intraday low of Rs. 996 after the IT company cut its revenue growth guidance to 8-9 per cent for FY17. GAIL India was the top Nifty gainer, up 1.7 per cent at Rs. 420. Tech Mahindra, Reliance Industries, Adani Ports, Axis Bank, Tata Motors, BHEL and Cipla are among the gainers while TCS fell as much as 1.62 per cent to Rs. 2,291. HDFC Bank, IndusInd Bank, Yes Bank, Federal Bank, Bharti Airtel, Hindustan Unilever, Zee Entertainment, and Axis Bank were among the laggards.

Newzstreet TV Videos – Dedicated to bringing you the latest and best in politics, sports, current affairs and entertainment world. From traditional sports like cricket to best Bollywood entertainment news, Newzstreet TV is a must watch for news updates.

Download our Apps on :

Google Play Store :

Apple Istore

Our Website


Category: Business
Tags: ,
About The Author