Sensex down Infosys, IT stocks slump

SENSEX-INFOSYS-TCS:Sensex down Infosys, IT stocks slump

The Sensex fell on Thursday, provisionally marking its biggest fall since June 1, after Infosys' much lower-than-expected revenue forecast sparked a sell-off of software services exporters.

Infosys shares fell 8.5 percent, while Tata Consultancy services , which reports earnings later in the day, fell 2 percent.

The Sensex fell 1.55 percent to 17,218.47 points. The Nifty lost 1.34 percent to end at 5,235.25 points.