Sensex tanks over 300 pts, Nifty below 8300 post Infosys Q4

market has slipped further after Infosys announced lower-than-expected March quarter results. The Sensex is down 310.70 points or 1 percent at 27424.32 and the Nifty is down 102.65 points or 1 percent at 8295.65. About 657 shares have advanced, 2014 shares declined, and 146 shares are unchanged.

Infosys is down over 5 percent while Cipla, Vedanta, HDFC and Hindalco are top losers. ITC is still down 2 percent, followed by ONGC, Maruti, Tata Motors and Bajaj Auto.

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Posted in: Indian Market Tips