Sensex falls 400pts, Nifty below 8750; ICICI down 3%, Infosys up

The market remained under pressure in morning trade, though it recovered a bit from day's low. All sectoral indices except IT slipped into red. 

The 30-share BSE Sensex was down 398.34 points or 1.38 percent at 28398.91 and the 50-share NSE Nifty fell 129.10 points or 1.46 percent to 8737.60. 

About four shares declined for every share advancing on the BSE. 

Infosys outperformed, extending gains further. The stock was up over a percent whereas ICICI Bank, HDFC, Tata Motors, Axis Bank, ITC, L&T and SBI were top contributors to Sensex's fall, down 1-3 percent.


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Posted in: Indian Market Tips