The Sensex is down 140.69 points or 0.5 percent at 26485.77 and the Nifty is down 43.45 points or 0.5 percent at 8142.35.
NTPC, Dr Reddy's Labs, Coal India, Wipro and BHEL are top gainers while SBI, HDFC, BAjaj Auto, ICICI Bank and Hero MotoCorp are losers in the Sensex.
Bajaj Auto: The company’s December sales fell for the second month in a row. While overall sales declined 22%, exports for the company fell 27%.
SBI, PNB, Union Bank: State Bank, Punjab National Bank and Union Bank slashed their benchmark lending rates by up to 90 basis points.
Infosys Ltd: Infosys Ltd has offered $868,250 in severance pay to former chief compliance officer and executive vice-president David Kennedy, who quit the company on Saturday, drawing flak for awarding such unusually high compensation to an outgoing executive.
BUY DATAMATICS GLOBAL ABOVE 135 TG 136.50, 138.50, 141 SL 133,
BUY IGL FUTURE ABOVE 920 TG 923, 927, 932 SL 916,
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