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Sensex edges lower; Infosys falls

Sensex and Nifty are trading lower by 0.3 per cent

Mumbai: The BSE Sensex and Nifty were trading lower on Monday with shares in Infosys leading the fall on reports that some founders of the software services exporter were looking to sell shares worth $1.1 billion.

The BSE Sensex and Nifty were down 0.3 per cent. Shares in pharmaceutical and consumer companies were trading up. ITC rose 0.9 per cent while Sun Pharmaceutical Industries was up 1.4 per cent.

Asian stocks eked out gains in the wake of stronger-than-expected U.S. employment numbers.

( Source : reuters )
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