Sensex Tumbles 786 Points In Early Trade After Five-Day Rally As It Stocks Drag
Stock market benchmark indices Sensex and Nifty tumbled in early trade on Friday after a five-day rally, dragged by heavy selling in IT firms following revenue growth guidance cut by Accenture. The 30-share BSE Sensex tanked 786.58 points to 76,624.90 in early trade. The 50-share NSE Nifty declined 210.95 points to 23,959.80. Among the 30-Sensex firms, Infosys dived over 8 per cent, Tata Consultancy Services tumbled 6 per cent, Tech Mahindra traded 5 per cent...