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Share market updates: Sensex starts over 100 points lower;Nifty above 10,800;Infosys up 4%;DMart falls 7%

Market opens Equity benchmarks have begun the day on a lower note, with the Sensex shedding over 100 points. The Nifty is trading around 10,750. Barring IT, all other sectoral indices are trading in the red, with pain visible among banks, automobile, consumption and infrastructure sectors. 
The Sensex is down 139.52 points or 0.39% at 35870.32, and the Nifty down 44.20 points or 0.41% at 10750.80. The market breadth is negative as 303 shares advanced, against a decline of 475 shares, while 45 shares were unchanged.
Infosys, Sun Pharma, and HPCL are the top gainers, while Larsen & Toubro, Axis Bank, and HDFC have lost the most. 


DMart falls Shares of Avenue Supermarts, the operator of DMart stores, have fallen on the back of weak results for the December quarter. 

Infosys Top Performer on Sensex, Nifty After Raising Forecast, Buyback Announcement
Shares of the software developer rose as much as 3.9 per cent, the most since Nov. 28, 2018, to Rs 710.20.Infosys hiked constant currency guidance to 8.5-9 per cent. It’s board also approved buyback worth Rs 8,260 crore at a share price of not more than Rs 800 per share involving 2.36 per cent equity and the tech company also declared a special dividend of Rs 4 per share. The buyback is at 17 per cent premium to the current market price of Rs 683.5 per share.

Rupee Update: The Indian rupee opened flat at 70.48 per dollar on Monday versus Friday's close 70.49.

Share Market | Nifty Updates | Rupee | DMart | Rupee Updates
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