Wednesday 3 May 2017

Nifty Holds 9300 Amid Consolidation; Infosys Shares Gain

Benchmark indices remained sluggish among consolidation in afternoon trade as investors awaited the outcome of two-day Federal Reserve policy meeting due tonight.
The 30-share BSE Sensex was down 28.95 points at 29,892.23 and the 50-share NSE Nifty slipped 8.25 points to 9,305.55.
The market breadth also turned in favour of declines. About 1418 shares declined against 1216 advancing shares on the BSE.

ICICI Bank was the leading contributor to Sensex' fall, down more than 1 percent ahead of quarterly earnings due later today.
Lupin was the biggest loser among Sensex stocks, down 2.7 percent followed by ITC, HDFC, L&T, Maruti Suzuki and Adani Ports whereas TCS (up 1.9 percent) and Infosys (up 1.4 percent) continued to support the market. For More Info : www.paceresearchindia.com and Call : 8817774774

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