Stock Market Close Sensex down

Sensex tanks over 300 pts, Nifty below 8300 post Infosys Q4
 

The market has slipped further after Infosys announced lower-than-expected March quarter results. The Sensex is down 310.70 points or 1 percent at 27424.32 and the Nifty is down 102.65 points or 1 percent at 8295.65. 

 About 657 shares have advanced, 2014 shares declined, and 146 shares are unchanged.

Infosys is down over 5 percent while Cipla, Vedanta, HDFC and Hindalco are top losers. ITC is still down 2 percent, followed by ONGC, Maruti, Tata Motors and Bajaj Auto.
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Live Sensex Update – Sensex reclaims 29000; insurance stocks rally

The market rallied further in early trade on Friday with the Sensex reclaiming 29000-mark on positive global cues and after the Insurance Bill passed in Rajya Sabha. The Sensex is up 182.32 points or 0.6 percent at 29112.73, and the Nifty is up 48.85 points or 0.6 percent at 8824.85. About 638 shares have advanced, 94 shares declined, and 83 shares are unchanged.

Max India and Reliance Capital surged as foreign ownership limit in insurance sector has been hiked to 49 percent from 26 percent. HDFC, ICICI Bank, Sesa Sterlite, L&T and Tata Power are top gainers in the Sensex. Among the losers are Tata Motors, Reliance and Infosys.

The Indian rupee opened flat at 62.49 per dollar today against previous day's closing value of versus 62.50 a dollar.
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Sensex slips below 29000| ahead of Rail Budget 2015| Nifty tests 8750

Sensex, Nifty flat; rail stocks dip ahead of Prabhu's speech
The market has opened flat on February F&O expiry and Railway Budget day. The Sensex is up 27.01 points or at 29035.00 and the Nifty is up 11.75 points at 8779.00. About 371 shares have advanced, 126 shares declined, and 111 shares are unchanged.

Sesa Sterlite, NTPC, ICICI Bank, ONGC and GAIL are top gainers while Infosys, BHEL, Tata Power, Coal India and Dr Reddy's Labs are among the losers in the Sensex.

All rail stocks are under pressure as Suresh Prabhu prepares to read out Railway Budget at 12 pm today.

The Indian rupee opened marginally higher at 61.93 per dollar on Thursday against previous day's closing value of 61.97 a dollar.

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