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Nifty breaks 7800, Sensex falls 180 pts; Tata Motors drops

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The 50-share NSE Nifty breached 7800 level for the first time since August 18, 2014, down 61.55 points or 0.78 percent at 7798.40. The 30-share BSE Sensex fell 179.46 points or 0.68 percent to 26117.92.

About 621 shares have advanced, 828 shares declined, and 50 shares are unchanged.

Shares of Tata Motors, Bharti Airtel, ICICI Bank, HDFC Bank, ITC, L&T and Wipro declined 1-2.5 percent while Infosys, Hero Motocorp and TCS bucked the trend.

Equity benchmarks opened lower on weak global cues. The Sensex declined 119.37 points to 26178.01 and the Nifty fell 53.45 points to 7806.50. About 440 shares have advanced, 568 shares declined, and 46 shares are unchanged.

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