Market Live: Sensex recoups opening losses, Nifty back above 11,550; TCS falls on poor Q1 show

Among sectors, IT was the biggest loser due to weak TCS earnings while Bank Nifty, Metals and Realty indices gain.

Nifty Bank Gains More Strength

Market Update:

Benchmark indices recouped all opening losses to trade marginally higher on further short covering. The BSE Sensex was up 41.55 points at 38,772.37 and the Nifty50 gained 13.40 points at 11,569.30.

The market breadth was in favour of bulls as about two shares advanced for every share falling on the BSE.

Gainers & Losers

Market Opening

Benchmark indices fell moderately despite positive Asian cues, hit by TCS earnings which disappointed Street.

The BSE Sensex was down 103.77 points at 38,627.05 and the Nifty50 fell 38 points to 11,517.90.

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