Investors distanced themselves from Infosys on the BSE during Tuesday’s trade dragging the benchmark Sensex lower by 135 points.
After the whistleblower allegation regarding unethical practices, Infosys shares plunged over 15 per cent in early trade. The Nifty IT index was the only sectoral index trading in the red.
At 10.51 a.m., the Sensex was down 135.07 points or 0.34 per cent at 39,163.31. It opened at 39,233.40, lower from its previous close of 39,298.38.
Nifty50 was down 26.70 points at 11,635.15. Besides, experts said that public sector Enterprises may remain in the limelight as the government is going to discuss on the stake sale/disinvestment in the coming cabinet meeting.-IANS News
