Sensex Turns Flat On Weakness In Technology Shares, HCL Tech Slumps 4%

Sensex turned flat after rising over 100 points while the broader Nifty moved below levels of 8,300 after selling pressure in IT shares picked up pace in late morning trades. Frontline IT shares such as HCL Technologies, Infosys, TCS, Tech Mahindra and Wipro were among the top losers in the Nifty. The IT sub-index on the BSE was the top sectoral loser, down 2.8 per cent. Analysts say weakness in IT shares is due to strength in rupe...