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Nifty closes little changed; IT stocks drag


(Reuters) - The broader closed little changed on Tuesday with losses in IT stocks such as offsetting gains in financials such as Ltd.

The index ended almost flat at 10,426.85, while the benchmark BSE Sensex slipped 0.18 percent to 33,856.78.

Shares in fell 5.4 percent. Parent raised 90 billion rupees ($1.39 billion) from an enlarged block of shares in flagship TCS, IFR reported, citing people with knowledge of the sale.

closed 2.4 percent higher.

($1 = 64.8550 Indian rupees)

(Reporting by Krishna V Kurup in Bengaluru; Editing by Subhranshu Sahu)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, March 13 2018. 16:22 IST