Nifty settles above 8,600, TCS cracks over 4%: Highlights
The S&P BSE Sensex slipped as much as 147 points in trade on Friday, led by losses in TCS, Infosys, ICICI Bank, Sun Pharma and Axis Bank.

The 50-share Nifty index ended at 8,606, down 100.70 points.
HIGHLIGHTS
- TCS cracks over 4% intraday post Q4 results. CLSA has a target of Rs 3,000
- IT counter takes a hit post TCS Q4 results; Mindtree slips over 7% intraday
- Lupin falls another 6% intraday on Suprax generic concerns; Kotak Institutional Equities, Nomura downgrade the stock
- Rolta India slips another 6% intraday, then recovers as Deutsche Bank raises its investment recommendation to "buy" from "hold"
- Reliance Comm plans to take another shot at international bond market after failed debut in December; stock surges 3% intraday
- Tata Steel surges 4% intraday; says no deal with UK unions on pension scheme
- Brent trades above $63 | China stock @ fresh 7-year high
Markets @ 2:05
Sensex at 28,576; down 90 points. Nifty @ 8,651; down 55 points.
Top gainers on Sensex
TATA STEEL (4.0%), SESA STERLITE (3.7%), HINDALCO (3.1%), BHEL (1.6%), NTPC (1.3%)
Top losers
TCS (-3.9%), SUN PHARMA (-2.8%), WIPRO (-2.2%), BHARTI AIRTEL (-1.7%), GAIL (-1.7%)
Markets @ 12:50
Top gainers on Sensex
TATA STEEL (3.7%), SESA STERLITE (3.2%), HINDALCO (3.0%), BHEL (1.6%), TATA POWER (1.4%)
Top losers
TCS (-3.7%), SUN PHARMA (-2.3%), WIPRO (-2.2%), GAIL (-1.8%), BHARTI AIRTEL (-1.6%)
Markets @ 11:40
Sensex at 28,586.22; down 79 points. Nifty @ 8,659; down 47 points.
Top gainers on Sensex
SESA STERLITE (3.0%), TATA STEEL (3.0%), HINDALCO (2.6%), PNB (1.5%), RIL (1.2%)
Top losers
LUPIN (-4.5%), TCS (-3.5%), INDUSIND BANK (-3.1%), TECH MAHINDRA (-2.4%), YES BANK (-2.4%)
Markets @ 10
At 10:30 a.m.; the 30-share index was at 28554.62, down 112 points or 0.40 per cent. It touched a high of 28,696.19 and a low of 28,515.30 in trade today.
The Nifty was at 8650 down 31 points or 0.36 per cent. It touched a high of 8699.85 and a low of 8674.65 in trade today.
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