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Infosys extends fall on heavy volumes; stock hits one-month low

The stock was down 3.5% to Rs 923, extending its 2.4% decline in past two trading sessions on NSE.

SI Reporter  |  Mumbai 

Infosys hit one-month low of Rs 923, down 3.5% on the National Stock Exchange (NSE) in intra-day trade, extending its 2.4% decline in past two trading sessions, on back of heavy volumes. At 01.42 am; the stock was trading 2% lower at Rs 936, as compared to 0.15% decline in the Nifty 50 and 0.89% fall in the Nifty IT index. The trading volumes on the counter more than doubled with a combined 4.75 million shares changed hands on the BSE and NSE so far. According to media report, Infosys co-founders were looking to sell their entire stake in the company. “The reports ...

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First Published: Fri, June 09 2017. 10:58 IST
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