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Sensex up 190 pts, Nifty above 7900; Infosys gains


New Delhi : The market on Monday witnessed Infosys helping the Sensex gain more than 200 points intraday despite weakness in global peers due to slump in oil prices.

The broader markets outperformed benchmarks with the Sensex staying volatile at 189.61 points or 0.74 percent to 25816.36 and the 50-share Nifty rising 64.25 points or 0.82 percent to 7914.70.

The market breadth remained positive as about 1439 shares advanced against 1180 declining shares on Bombay Stock Exchange.

Infosys started off earnings season on a positive note but the overall earnings season may not be too strong, feel experts.

The market also witnessed some consolidation, from a very short-term perspective levels, about 8,000. It is unlikely to sustain itself and the market may probably remain in this range of 7,000-8,000. (ANI)

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