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    Market trades lower, Nifty breaks 10,700; HCL Tech down 7%

    Market trades lower, Nifty breaks 10,700; HCL Tech down 7%

    Market trades lower, Nifty breaks 10,700; HCL Tech down 7%
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    By Nidhi Chugh   IST (Updated)

    The market continued to trade lower in the second half of the trading hours, touching the day's low. The NSE Nifty was trading below 10,700 at 10,660 points and the BSE Sensex at 35,049 points.
    HCL Tech was among the top losers today by losing more than 7% in trade after posting disappointing Q4 results.  IndiGo too plunged 13% after its poor Q4 results.
    PC Jewellers which has been volatile in trade, recovered 25% and was trading with nearly 6% gains after Balram Garg, the managing director of the company denied reports of CBI investigations on the firm's top management personnel.
    The Asian markets have been under pressure since their opening with Korea's Kospi losing more than half a percent.
    The US market also ended lower after the Fed kept the policy rate unchanged.
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