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Market at Close | Sensex and Nifty 50 give up initial gains to end lower
— IT stocks rise as earnings flow in, Tech M, HCL, Wipro, Infosys top gainers.
— HDFC Bank slips despite reporting a healthy set of earnings.
— Adani Ent falls three percent on reports of company filing FPO papers with SEBI.
— Metals stocks are under pressure as dollar index rises, JSW, JSPL top losers.
— Delta Corp, ICICI Pru end with gains while ICICI Lombard slips ahead of results.
— Major private banks remain under pressure with Axis Bank falling the most
— Federal Bank rises nearly two percent and L&T Fin three percent after a robust set of December quarter earnings.
— PVR is top midcap loser, closes four percent lower after a brokerage downgrade.
— PSU Bank basket surges following a strong set of earnings from Bank of Maharashtra.
— Market breadth favours declines, advance-decline ratio at 2:3.
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