Epic Research

Friday, December 18, 2015

Sensex, Nifty extend losses; Infosys down, HUL & L&T gain

Epic Update Infosys
Epic Update Infosys
Equity benchmarks extended losses with the Nifty breaking 7800 level on profit booking.

The Sensex fell 151.57 points or 0.59 percent to 25652.21 and the Nifty declined 44.55 points or 0.57 percent to 7799.80.

Infosys and TCS fell more than 1 percent as the United States will double special fee on H1B and L1 visa fee. Indian IT industry could be hit by as much as USD 400 million, say analysts.
HUL, L&T, NTPC, Axis Bank, Sun Pharma and Cipla gained 0.3-1.3 percent.

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