March 13, 2018 / 6:24 AM / 4 months ago

Nifty closes little changed; IT stocks drag

(Reuters) - The broader NSE Nifty closed little changed on Tuesday with losses in IT stocks such as Tata Consultancy Services offsetting gains in financials such as Axis Bank Ltd.

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, June 29, 2015. REUTERS/Danish Siddiqui/Files

The NSE index ended almost flat at 10,426.85, while the benchmark BSE Sensex slipped 0.18 percent to 33,856.78.

Shares in Tata Consultancy Services fell 5.4 percent. Parent Tata Sons raised 90 billion rupees ($1.39 billion) from an enlarged block of shares in flagship TCS, IFR reported, citing people with knowledge of the sale.

Axis Bank closed 2.4 percent higher.

($1 = 64.8550 Indian rupees)

Brokers trade on their computer terminals at a stock brokerage firm in Mumbai July 23, 2008. REUTERS/Punit Paranjpe/Files

Reporting by Krishna V Kurup in Bengaluru; Editing by Subhranshu Sahu

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below