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Tuesday, January 12, 2010

Markets shed points despite positive Infosys results

Sensex today shed 120 points to close weak at 17406.71 and Nifty was down 44.05 points at 5205.35. CNX Midcap index fell 0.64% and BSE Smallcap index was down 1.14%. Market was weak despite good IIP data and positive third quarterly Infosys numbers today, primarily due to profit booking across the globe.

Stocks of IT companies, particularly Wipro, TCS and Infosys were top gainers at Nifty. Top losers were Idea, DLF and Reliance Communications.


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