Sensex, Nifty Bank trim losses amid North Korea fears; Infosys gains

Equity benchmarks trimmed losses in afternoon, with the Nifty clawing back above 10,050 level, backed by Infosys and HDFC Bank.

The 30-share BSE Sensex was down 10.86 points at 32,231.07 and the 50-share NSE Nifty declined 17.70 points to 10,068.90.

The Nifty Bank also cut its losses to 53 points from more than 100 points in morning trade.

The Nifty IT was only gainer among sectoral indices, rising half a percent as Infosys, TCS, Wipro, Tech Mahindra and HCL Technologies gained 0.2-1 percent.

About 1,456 shares declined against 984 advancing shares on the BSE.

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Posted in: Indian Market Tips