Reuters Market Eye - The BSE Sensex is down 0.4 percent, while the Nifty falls 0.5 percent with both indexes being dragged down by software services exporters: Tata Consultancy Services falls 4 percent and Infosys down 2 percent as investors take profits.
HCL Technologies Ltd slumps 6 percent.
Among other IT stocks, Wipro Ltd is down 1.95 percent, while Tech Mahindra Ltd falls 3.3 percent.
Larsen and Toubro Ltd falls 3.5 percent on caution ahead of its September quarter results on Friday.
Tata Motors Ltd falls 3.8 percent, heading for its second day of decline, after hitting a record high of 393.30 rupees on Monday.
(Reporting by Abhishek Vishnoi)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app