After a lot of struggle, the market has ended lower. the Sensex is down 105.61 points or 0.4 percent at 27836.50, and the Nifty fell 23.60 points or 0.3 percent at 8541.40. About 1000 shares have advanced, 1681 shares declined, and 197 shares are unchanged.
Bharti Airtel, Tata Steel, HDFC twins and Adani Ports were top gainers while Infosys, TCS, Wipro, NTPC and Coal India were top losers in the Sensex.
IT industry body Nasscom today dispelled fears about the possible damaging prospects of the new US immigration Bill which proposes to restrict issuance of H1B visas to Indian companies.
Infosys has relaunched its employee stock option plan (ESOP) for junior to middle level management staff as it looks to rein in rising attrition that stood at 21 per cent in the April-June 2016 quarter.
However, the company is not "unduly concerned" about the jump in attrition, which read 17.3 per cent in the March quarter and 19.2 per cent in the year-ago period.
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