Live Stock Market Updates - Sensex, Nifty Languish In Red IT Stocks Drop

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Share indices were sharply off the highs touched at open due to a fall in information technology giants Tata Consultancy Services and Infosys. Markets may take a breather after consolidating gains in the past three sessions taking cues from global markets which are trading in red with Asian markets trading mixed.

The BSE Sensex is trading lower by 35 points at 27,212, while the Nifty50 slipped by 13 points at 8,394 mark. The BSE Mid-cap Index was down by 0.05% at 12,635, whereas BSE Small-cap Index was down by 0.04% at 12,681. GAIL, ONGC, Aurobindo Pharma, Axis Bank and HDFC were among the gainers, whereas TCS, Infosys, Hindalco, Tata Motors and Idea Cellular were among those losing sheen on NSE.

A total of 31 stocks registered a fresh 52-week high in trade today, while five stocks touched a new 52-week low on the NSE. Out of 1,907 stocks traded on the NSE, 856 declined, 670 advanced and 381 remained unchanged today. Some buying was observed in pharma, FMCG and financial services sectors, while IT, realty, auto, metal and banking stocks are showed weakness on NSE. The INDIA VIX was down 0.37% at 14.56.

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