Jul 12, 2012, 08.23 AM IST

BSE Sensex falls; IT stocks hit

SENSEX-NIFTY-INFOSYS-TCS:BSE Sensex falls; IT stocks hit

Source: Reuters
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10:42
Reuters Market Eye - The BSE Sensex falls 0.6 percent, while the Nifty declines 0.6 percent, led by software service exporters after monetary easing in China, the euro zone and Britain signal alarm about the global economy.


BSE Sensex falls; IT stocks hit
Global investors now gear up for the U.S. monthly employment data later in the day, with consensus forecasts for an increase in 90,000 jobs.


Some caution also sets in as Infosys kicks off the Indian corporate earnings reporting season on July 12.


Infosys falls 1.3 percent, while Tata Consultancy Services loses 0.8 percent.


10:08
Sensex extends losses; Reliance, Infosys, L&T down 1%
The BSE Sensex has extended losses amid choppy trade due to somewhat profit booking. Technology, oil & gas, metals and infrastructure stocks were under pressure.

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09:20
Sensex starts on a cautious note; Rupee down to 55.5/$Read More »
Indian equity benchmarks opened flat with a negative bias on Friday, following marginally negative Asian cues. Asian markets were down due to growth concerns after disappointing economic data, even after central banks cut rates yesterday.

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