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Sensex down over 100 points, Nifty tests 8450; IIFL Holdings up 20%

The S&P BSE Sensex fell below 100 points, tracking muted trend in other Asian markets.The 50-share Nifty index also fell and was testing its crucial psychological level of 8,450.The losses were capped by gains in stocks of Coal India, HDFC Bank and L&T.
Every 6 out of 10 stocks on BSE were trading in green.
In a major development, Iran reached a long-standing nuclear deal with six other world powers, as suggested by Reuters in a report. OMC stocks rallied up to 3 per cent in trade following the deal.
Asian markets were trading mixed. Japanese Nikkei was up 1.50 per cent, trading above the 20,400-mark. Hang Seng was down 0.5 per cent, Shanghai Composite was trading in red, below the 4,000-mark.

Source: http://economictimes.indiatimes.com/markets/stocks/news/sensex-down-over-100-points-nifty-tests-8450-iifl-holdings-up-20/articleshow/48063561.cms

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