Axis Bank, Dr Reddy's Labs, Bharti Airtel and Hero Motocorp fell more than 1 percent. Shares of ITC, HDFC, Sun Pharma, Cipla, Hindalco, Vedanta, GAIL and Tata Steel gained 1-4 percent.
The market continued to consolidate in afternoon trade with the Sensex rising 23.66 points to 25783.76 and the Nifty gaining 4.50 points to 7811.10. The BSE Midcap also erased early gains to trade flat. The market breadth remained positive as about 1301 shares have advanced against 1007 declining shares on the BSE. Infosys, one of the top five index heavyweights, lost more than 2 percent on margin warning for second half of FY16. In a conference call, the company says it expects Q3 to be soft but is confident of coming back to growth in Q4. Axis Bank, Dr Reddy's Labs, Bharti Airtel and Hero Motocorp fell more than 1 percent. Shares of ITC, HDFC, Sun Pharma, Cipla, Hindalco, Vedanta, GAIL and Tata Steel gained 1-4 percent.
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Or Call on - 9993716323,0761-4032175
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