Market Watch

Thursday 7 August 2014

Mid Market Live Stock Trading Tips by Money CapitalHeight

India's NSE index fell for a second consecutive session on Thursday as IT stocks such as Infosys fell after global rival Cognizant Technology Solutions Corp cut its annual revenue guidance.
The broader NSE index provisionally lost 0.27 percent.
Infosys provisionally fell 2.1 percent, Tata Consultancy Services lost 1.5 percent, while HCL Technologies ended down 1.8 percent. 
The market ended at lower levels. The Nifty ended tad below 7650, losing 22.80 points at 7649.25. The Sensex was down 76.26 points at 25589.01. About 1330 shares advanced, 1613 shares declined, and 112 shares were unchanged.
Among the gainers were Tata Steel, Maruti, ONGC, BHEL and SBI. IT stocks remained under pressure as Cognizant's lower guidance sparked fears. Infosys and TCS fell 1-2 percent each. Other laggards were Hindalco, Sesa Sterlite and Tata Motors.


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