Sensex dips 100 pts, Nifty below 9,200 as Infosys' Q4 guidance disappoints

The benchmark indices on Thursday were trading lower after index heavyweight Infosys' revenue guidance and plan to distribute cash to shareholders fell short of expectations, raising concerns at the start of the March quarter earnings.

At 01:30 pm, the S&P BSE Sensex was trading at 29,504, down 139 points, while the broader Nifty50 was ruling at 9,168, down 35 points. 

In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap outperformed the frontline indices to add 0.1 and 0.4%, respectively. 

The breadth, indicating the overall health of the market, was positive. On the BSE, 1,452 shares rose and 1,262 shares