Stock Market Highlights: Sensex ends 1,172 pts lower, Nifty below 17,200 dragged by Infosys, HDFC Bank; VIX jumps 9%

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Market At Close | Banking, IT stocks drag Sensex, Nifty

Here are some highlights: 

–Sensex, Nifty50 at nearly one-month lows

–Infosys, HDFC Bank, HDFC contribute more than 200 points to fall in Nifty 

–Weak qurterly performance by Infosys leads to fall in IT; Nifty IT down four percent

–HDFC Bank reports mixed Q4; stock down for 8th straight session

–Tata Power slips over five percent on lower-than-expected green business valuation

–NTPC top Nifty gainer, hits 10-year high on strong business outlook

–Improved earnings by ICICI Prudential, positive management commentary lifts insurance basket

–Auto stocks see last-hour recovery; most stocks in the green

–L&T Info, Mindtree fall following Bloomberg report of merger

–Birlasoft, Tata Power, Voltas, Bank of Baroda, L&T Tech, PVR top midcap losers

–Defence stocks rise; BEL, HAL rise over three percent 

–Fertiliser shares gain on wealther office’s forecast of normal monsoon; Chambal Fertilisers up seven percent

–Market breadth favours bears; advance-decline ratio at 2:3

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