Asian Paints tanked 6 per cent. IT majors – Tech Mahindra, TCS, Wipro and and HCL Technologies were down 2-4 per cent each. On the positive side, Kotak Bank, Nestle, ICICI Bank, HDFC and NTPC were up 1-2 per cent each.
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MARKET LIVE: Sensex down 200pts, Nifty testing 16,050; Asian Paints, IT dip
The BSE Sensex was down 100-odd points at 53,940-odd level, while the NSE Nifty50 had slipped below the 16,100 level.
The broader markets were down with steeper losses. The BSE MidCap and SmallCap…