The stock remained the biggest loser among blue-chips on both the key indices for yet another session.
The benchmark Sensex gave up early
gains to end 266 points lower on Monday while the Nifty cracked below the 9,800
mark, pulled down by heavyweight Infosys and other blue-chips amid a lower
opening in Europe.
The IT sector faced the backlash
following Vishal Sikka’s surprise resignation as Infosys CEO. The software
giant extended losses by falling 5.37 per cent despite Rs 13,000 crore share
buyback announcement.
The stock remained the biggest loser
among blue-chips on both the key indices for yet another session.
The 30-share Sensex ended 265.83
points lower, or 0.84 per cent, at 31,258.85. The gauge had lost 270.78 points
in the previous session on Friday.
The broader NSE Nifty moved between
9,884.35 and 9,740.10, before ending down 83.05 points, or 0.84 per cent, at
9,754.35.
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