Sensex falls over 100 pts, Nifty holds 8200; IT stocks skid --- 12 Dec 2016

                           

The market has opened weak but the Nifty is holding 8200. The 50-share index is down 36.40 points or 0.4 percent at 8225.35 and the Sensex is down 86.61 points or 0.3 percent at 26660.57. About 199 shares have advanced, 99 shares declined, and 29 shares are unchanged.

The 30-share index was trading 143 points lower or 0.53 per cent at 26,604. It touched a high of 26,725.31 and a low of 26,594.56 in morning trade. 

ONGC (up 2.3 per cent), SBI (up 0.5 per cent), M&M (up 0.41 per cent) and Sun Pharma (up 0.3 per cent) were the major Sensex gainers. 

Infosys (down 2 per cent), Axis Bank (down 1.7 per cent), Asian Paints (down 1.3 per cent), and Wipro (down 1.1 per cent) were the major Sensex losers. 

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