Nifty falters; IT stocks hit, foreign investors sell

Reuters Market Eye - The Nifty falls 0.14 percent, and the Sensex is down 0.04 percent. IT stocks fall after rival HCL Technologies slumped after April-June U.S. dollar revenue growth lags some estimates.

HCL Technologies is down 2.3 percent, Wipro is down 1.3 percent, Infosys falls 0.6 percent while Tata Consultancy Services is lower by 0.2 percent.

ICICI Bank is down 0.2 percent ahead of results due later in tthe day.

Foreign investor sales of $63.4 million, their first in ten sessions, on Wednesday, also weigh.

(Reporting by Abhishek Vishnoi)