Sensex falls 100 points, Nifty flat at 17,163.00
India Today
The equity benchmark Sensex was down by 0.19 per cent or 106.89 points at 57,059.85, and the Nifty fell by 0.06 per cent or 10.65 points to 17,163.00.
The Sensex and Nifty were trading flat in early morning trade on Tuesday. Both equity indexes opened in green, snapping four sessions of losses, as beaten-down technology shares regained some footing and energy stocks gained following a rise in oil prices.
The NSE Nifty 50 index opened up by 0.3 per cent at 17,223.25 and the S&P BSE Sensex rose 0.18 per cent to 57,273.12. However, both indexes slipped into the red.
The equity benchmark Sensex was down by 0.19 per cent or 106.89 points at 57,059.85, and the Nifty fell by 0.06 per cent or 10.65 points to 17,163.00.
Both the indexes shed roughly 2 per cent each in the previous session after weak March-quarter results from Infosys triggered a sharp selloff in IT stocks.
Early on Tuesday, Nifty's IT sub-index rose after seven sessions of losses and added 1 per cent. Shares of Mindtree rose as much as 3.1 per cent after March quarter results.
Energy stocks jumped more than 1 per cent as oil prices rose amid deepening concerns over tight global supplies.
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