Pace Research Closing Bell - Sensex Down 159 points | Nifty Below 8950

The 30-share Sensex was up 159.65 points at 28992.10, while the Nifty was up 43.05 points or 0.48 percent at 8940.60. The market breadth was narrow as 1,456 shares advanced, 1,326 shares declined, while 169 shares remained unchanged.  

Reliance Industries shares touched a fresh nine-year high of Rs 1,307.05, up 3.86 percent intraday Monday as investors remained bullish on its telecom as well as energy prospects. 

Shares of information technology (IT) companies were under pressure in early trade on Monday, following the developments on H1-B visa front in the US. Infosys and TCS were down over 1.25 percent intraday, while Wipro was lower by 0.62 percent. HCL Technologies, meanwhile, gained around 0.20 percent.
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