MARKET LIVE: Sensex down 250 pts, Nifty holds 18,600; TCS, Infosys drop 1%

: The frontline indices held early losses on Tuesday after world shares declined as a hotter-than-expected US companies exercise raised bets for continued price hikes by the Federal Reserve. 


The BSE Sensex fell 300 factors to 62,542, and the NSE Nifty50 slipped 80 factors to 18,619.

The broader markets, too, opened weak. The BSE MidCap was down 0.16 per cent, and the SmallCap index was flat.

Inside sectors, Nifty IT slipped essentially the most with a lack of 0.9 per cent, adopted by the metallic index, whereas the PSB pocket was the only winner, up 0.8 per cent. 

Amongst shares, IRB Infrastructure Builders rose over 3 per cent after its yearly toll collections got here 39 per cent increased at Rs 366 crore.

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