The market fell marginally in early trade on last day of the week due to selling pressure in banks and technology stocks. The Sensex fell 30.53points to 28635.51 and the Nifty lost 27.25 points to 8679.45.
About 396 shares have advanced, 276 shares declined, and 91 shares are unchanged on the BSE.
IT major TCS plunged 1.7 percent as the company did not post any stellar earnings. The company missed expectations with dollar revenues declining by about a percent. The company handed out bonuses to employees worth over USD 2,600 crore.
Wipro, Bajaj Auto, Axis Bank, Hero Motocorp, Tech Mahindra, Lupin and UltraTech Cement were down 0.8-2 percent while Reliance Industries gained 1.5 percent ahead of Q4 earnings. Sun Pharma, ONGC, Hindalco, Cipla and Cairn India gained 0.6-1 percent.
The Indian rupee has opened flat at 62.31 per dollar today against previous day's closing value of 62.30 a dollar.
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