Sensex Drops 70 Points, Nifty Closes At 10,750; Infosys Slips Over 4%

INSUBCONTINENT EXCLUSIVE:
Titan Company Ltd fell as much as 5.7per cent and was the top percentage loser on NSE.Benchmark indices BSE Sensex and NSE's Nifty erased
early gains in afternoon trade today and closed Monday's session in red
The SP BSE Sensex skidded 70.85 points, or 0.20 per cent, to close at 35,574.55
The NSE's Nifty50 index plunged 20.15 points or 0.19 per cent and settled at 10,749.75, following weak global cues amid persistent trade
tensions
Shares of Reliance Industries Ltd erased all morning gains after its 41st Annual General Meeting (AGM) announcements and fell nearly 3 per
several other announcements for stakeholders and consumers of Reliance Jio and Reliance Industries.Infosys Ltd and Tata Motors Ltd lost
both indices.The top gainers in the Sensex pack were Yes Bank, ITC, Coal India, Asian Paints, Bajaj Auto and Mahindra Mahindra, rising
over five years after unit Jaguar Land Rover said on Wednesday that a so-called "hard Brexit" would cost it 1.2 bln pounds ($1.59 bln) a
year.Among gainers, financials stocks continued to rise with Yes Bank Ltd rising the most on both BSE and NSE index
It gained around 4 per cent on both indices after it got final regulatory approval from the markets regulator to begin its mutual fund
business.The Nifty IT index fell for the second consecutive session, down 1.2 percent
It had risen 2.4 per cent in June
(With Agencies inputs)