Benchmark indices BSE Sensex and NSE Nifty ended in red today on Monday on account of selling in frontline blue chip stocks. Sentiments remained downbeat after the government appointed Urjit Patel as the next RBI governor. Sensex lost 91 points to 27985 and Nifty dropped 37 points to 8629. Midcap slipped too in today's session. BSE Small Cap dropped 16 points to 12442, BSE Mid-Cap closed on 12981 while losing 54 points and Nifty MidCap dropped 102 points to 15086. Only Consumer durables sector and FMCG Sector traded in the positive zone closed at 12226 and 8753 respectively. Asian Market indices had a mixed trade today. Nikkei hiked 52 points to 16598, Hang Seng drifted up by 60 points to 22997 while Shanghai Composite dropped 23 points to 3084. Overall 1253 shares advanced, 1463 shares declined and 206 shares remained unchanged.
Two disappointing quarterly results and cancellation of a major contract with Royal Bank of Scotland has led software giant Infosys to cut jobs of as many as 500 employees.
Top Gainers: HUL, BHEL, ITC, Zee Entertainment, Idea Cellular
Top Losers: Grasim, TCS, Lupin, Aurobindo Pharma, Ambuja Cements
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Welspun Enterprises acquired 49% stake in the Project for Four laning of Chikhali - Tarsod (Package-IIA) section of NH-6 from km. 360.000 to km.422.700 from Vishvaraj Group for a consideration of Rs 83.3 million.
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