Shares of Infosys Technologies fell 6.28% in the opening trades on Thursday, after the IT and software services company cut its dollar revenue growth guidance for the fiscal year to March due to the debt crisis in Europe, its second-biggest market.
The Infosys results weighed on the markets which opened 6% on the lower side with the Sensex down by 51 points trading at 16,142 while the Nifty trading down by 10 points at 4,846.
Infosys, which beat estimates with a 33% rise in quareterly profit, was down 2.71% at Rs 2,750 in the pre-opening session, while the BSE Sensex was down 0.4%.
