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Sensex, Nifty extend losses; Infosys down

Mumbai: The market continued to see selling pressure in morning trade with the Sensex falling 92.62 points trading at 25711.16.

Nifty on the other hand witnessed a down fall of 29.10 points to 7815.25.

However, the broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising marginally.

The market breadth was marginally positive as about 1081 shares advanced against 901 declining shares on the BSE.

Infosys and TCS fell more than one percent as the United States will double special fee on H1B and L1 visa fee.

Indian IT industry could be hit by as much as USD 400 million, say analysts.

HUL, NTPC, Axis Bank, Sun Pharma and Cipla gained 0.3-1.3 percent. (ANI)