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Nifty, Sensex end at 7606, 128 pts down; Infosys up

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New Delhi : The market on Wednesday witnessed a fall in the Sensex as it ended down 127.97 points or 0.5 percent at 25101.73.

On the other hand, Nifty slipped 40.45 points or 0.5 percent at 7706.55.

HDFC twins, NTPC, Infosys and Sun Pharma were among top gainers while Adani Ports, Tata Motors, Tata Steel, Hindalco and BHEL were losers in the Sensex.

Public sector Canara Bank today said it has revised the lending rates based on the marginal cost of funds (MCLR) for May to 8.80-9.35 per cent.

“All rupee loans sanctioned and credit limits renewed during the month of May, 2016 would be priced with reference to the tenor based MCLR,” Canara Bank said in a regulatory filing with the BSE.

Several banks including country’s largest lender SBI have announced changes in their MCLR rates. The MCLR regime came into play as per the Reserve Bank guidelines that came to effect from April 1. (ANI)

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