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Epic Research
The BSE Sensex and NSE Nifty pared half of losses led by buying interest in TCS and Infosys. ICICI Bank, ONGC, Tata Motors and ITC too were quite supportive. However, the selling in metals, power, healthcare stocks, and Bharti, L&T, HDFC and HDFC Bank has limited the recovery.
The BSE benchmark fell 53.22 points to 17,467.90 and the NSE benchmark was down 21.4 points to 5,295.55. Asian markets remained under pressure; Shanghai, Hang Seng, Straits Times, Nikkei and Kospi were down 1% each while Taiwan Weighted went down 0.8%.
The BSE benchmark fell 53.22 points to 17,467.90 and the NSE benchmark was down 21.4 points to 5,295.55. Asian markets remained under pressure; Shanghai, Hang Seng, Straits Times, Nikkei and Kospi were down 1% each while Taiwan Weighted went down 0.8%.