Shock to Infosys, Sensex, Nifty break records; Over 1% tanks – Times of India

Mumbai: Benchmark Stock Indices Sensex And smelly The IT giant plunged over 1 per cent on Friday as it posted huge losses Infosys Which reduced the growth outlook for FY2024.
Snapping its six-day record-breaking rally, the 30-share BSE The Sensex closed at 66,684.26, down 887.64 points or 1.31 per cent. It fell 1,038.16 points, or 1.53 percent, to 66,533.74 during the day.
The NSE Nifty closed 234.15 points, or 1.17 per cent, lower at 19,745, snapping its six-day winning streak. On the Nifty, 36 stocks closed with losses while 14 stocks closed with gains.
From the Sensex pack, Infosys declined over 8 per cent after the company reported a lower-than-expected 11 per cent rise in net profit for the June quarter and dealt a blow as it revised its FY14 growth outlook to 1- reduced to 3.5 percent. Decision making by customers was delayed amid global wide uncertainties.
Vinod Nair, Head of Research, Geojit Financial Services, said, “The weak guidance from Infosys cast a shadow over the Indian IT sector outlook, delaying the Nifty’s 20,000-mark. While heavyweights surrendered to the bearishness, small Cap showed resilience.”
He said global markets presented a mixed picture, with the US market struggling on weak earnings, while UK retail sales beat expectations with a 0.7 per cent MoM growth.
Fall in shares of market bluechip firms Reliance Industries and Tata Consultancy Services also added to the bearish trend in equities. Hindustan Unilever, HCL Technologies, Wipro and Tech Mahindra were the other major laggards.
On the other hand, Larsen & Toubro was the top gainer, rising 3.88 per cent after bagging orders worth over Rs 7,000 crore from the bullet train project.
NTPC, State Bank of India, Kotak Mahindra Bank, Tata Motors, ICICI Bank, Sun Pharma, Maruti and Bharti Airtel were also among the gainers.
BSE Midcap fell 0.26 per cent to 29,547.28, while the BSE Smallcap index rose 0.13 per cent to 34,146.66.
Among sectoral indices, BSE IT declined the most by 4.40 per cent, followed by consumer durables which declined by 1.09 per cent.
Ajit Mishra, SVP – Technical Research, Religare Broking Ltd. said, “The decline was broad-based, with the IT pack facing the most heat, followed by FMCG and energy majors. Meanwhile, the broader indices showed mixed trade did, causing damage to the market.”
In Asian markets, Tokyo and Shanghai closed with losses while Seoul and Hong Kong remained in the positive zone.
Stock markets in Europe were mostly trading in the green. US markets mostly closed with losses on Thursday.
Global oil benchmark Brent crude climbed 1.19 per cent to USD 80.59 per barrel.
The BSE benchmark had on Thursday closed at a fresh all-time high of 67,571.90, up 474.46 points or 0.71 per cent, extending its winning momentum to the sixth day. During the day, it rose 521.73 points, or 0.77 per cent, to its lifetime intra-day peak of 67,619.17.
The Nifty closed at a record high of 19,979.15, up 146 points or 0.74 per cent. During the session, it had gained 158.7 points, or 0.80 per cent, to its fresh record high of 19,991.85.
According to exchange data, foreign institutional investors (FIIs) were buyers on Thursday as they bought equities worth Rs 3,370.90 crore.

xuxx com big ass bikini اغتصاب سيكس سكس اخوات وامهات hot momsex sex video tripura حمار ينيك حماره سكس عوجيز tamil sex india sex mysore
xxx porn videos download redwap info yoshi hentai crossdresser hentai indian red pussy gujarati new sex fc2 ppv 1150747 261ara-240 bengali hd porn doj xxx
نيك مصري عنيف نيك موزة مصرية xxx sex bp kashmir aunty sex indianmasalaclips سكس اخر حاجة سكس فدي سكس هناء قصص جنسبه