Sensex Nifty Drags, Infosys Slumps

Indian Stock Market closed red. Sensex closed off day's low with 105 points down or 0.38 percent at 27836 while Nifty dropped 23 points or 0.28 percent to 8541. Indian sectors traded mixed. Adding to the losses, BSE IT had a major drop of 599 points closed at 10608, BSE TECk lost 239 points to 5845. Rupee declined 15 paise to 67.06 against US Dollar. In Commodity Market, MCX Gold gains 65 points to 31015 while Silver drops 39 points to 47,470. Natural Gas closed at 182.10 and Crude Oil with minor hike of 3 points closed at 3049. In NCDEX Market, commodities closed with minor and major losses. Charddel dropped 221 points at 8780, Rmseed hikes 3 points at 4983, Sybeanidr dropped 21 points to 3631, Cocudakl hikes 101 points at 2790 and Dhaniya drops 17 points to 7850.

Gainers: Tata Steel (+3.79%), Bharti Airtel (+3.26%), Idea Cellular (+3.25%), Bosch (+2.04%), HDFC (+2.03%)

Losers: Infosys (-8.82%), TCS (-3.04%), Wipro (-2.82%), Tech Mahindra (-2.72%), Aurobindo Pharma (-1.84%)

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