Sensex, Nifty continue to trade weak as St digests Sikka’s exit; TCS up 2%

Epic Update TCS

The Sensex was down 219.85 points at 31575.61, while the Nifty was down 57.50 points at 9846.65. The market breadth was negative as 574 shares advanced against a decline of 1,274 shares, while 67 shares were unchanged.

Shares of Infosys have taken a beating on the back of the development around Vishal Sikka. A look at the stock’s movement in the past three years between August 1, 2014 and August 18, 2017, it has moved up 22 percent. Take a look at the chart below.

TCS, ITC, and Bharti Infratel were the top gainers on both indices, while Infosys, Sun Pharma and Zee Entertainment lost the most.

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