AT 10.58 this morning Sensex off day's high; BSE IT index loses 1%
Indian equity benchmarks erased half of early gains due to weakness in technology stocks. However, Asian markets remained firm following rally in Chinese equities; Shanghai surged 3 percent while Hang Seng gained 1.55 percent.
The 30-share BSE Sensex rose 46.76 points to 19,394.88. Meanwhile, the 50-share NSE Nifty was up 9.35 points at 5,898.60 that hit 5900 today in early trade for the first time since April 2011.
Country's second largest software services exporter Infosys fell 1.5 percent as Nasdaq will drop the stock from its 100 list with effect from next Wednesday. Its rivals TCS and Wipro were down 0.55 percent and 1.77 percent, respectively
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