Live Stock Market Updates – Infosys continues to drag Nifty and Sensex

Benchmark indices continue to trade in negative territory. Broader market indices are also showcasing bearish undertone extending losses.
 
Meanwhile, Nifty FMCG index is the only gainer among sectoral indexes on NSE, The index is up 0.83% at 25,723 level
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ITC is the top index gainer and contributing majorly to index gains. The stock is soaring higher by 1.30% at Rs 283.65 per share on NSE.
 
Other stocks in the index viz. Colgate Palmolive is up 1.18% at Rs 1072.20 per share, GlaxoSmithKline Consumer Healthcare is up 1.02% at Rs 5350 per share.
 
On the contrary, United Spirits is down 1.01% at Rs 2575 per share, United Breweries is down 0.73% at Rs 800 per share.
 
At 12 PM, the S&P BSE Sensex is trading at 31,536 down 258 points, while Nifty is trading at 9838 down 65 points. A total of 16 stocks registered a fresh 52-week high in trade today, while 26 stocks touched a new 52-week low on the NSE.
 
The BSE Mid-cap Index is trading down 0.17% at 15,202, while BSE Small-cap Index is trading down 0.66% at 15,590.
 
Some buying activity is seen in Telecom, Consumer Durables and Energy indices, while Finance, Healthcare and IT indices are showing weakness on BSE.
 
BPCL, Bharti Infratel and Gail are among the gainers, whereas Infosys, Sun Pharma and Zee Entertainment Enterprises are losing on the NSE.
 
The INDIA VIX is up 0.88% at Rs 14.4.