Sensex down over 100 pts, Nifty below 9,200; Infosys dips 2% post results

Infosys fell over 2% after it released its March quarter results with cons PAT at Rs 3,603 crore

Benchmark indices were trading marginally lower in morning trade tracking weak economic data. The March retail inflation rose to highest level in 5 months of 3.81% while the February IIP contracted to 1.2% from 3.3% in January.  

IT major Infosys also declared its March quarter results which was in line with the street expectations but the revision of FY18 guidance for the fourth time to 6.5-8.5% in constant currency terms and muted outlook kept the momentum tepid.
 
Globally, geopolitical tensions and Donald Trump’s comment on dollar also affected the sentiment.  In an interview with the Wall Street