Thursday 17 August 2017

Sensex, Nifty Continue To Trade Weak As St Digests Sikka’s Exit; TCS Up 2%

The decline in benchmark indices halted in the previous session, Sensex and Nifty steadying at lower levels.

The Sensex was down 243.16 points at 31552.30, while the Nifty was down 61.65 points at 9842.50. The market breadth was negative as 717 shares have advanced, 1322 shares declined, and 102 shares are unchanged. Shares of Infosys have taken a beating on the back of the development around Vishal Sikka. A look at the stock’s movement in the past three years between August 1, 2014 and August 18, 2017, it has moved up 22 percent. Take a look at the chart below.

TCS, ITC, and Bharti Infratel were the top gainers on both indices, while Infosys, Sun Pharma and Zee Entertainment lost the most. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774

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