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Sensex hits seven-month closing low; Infosys falls most in decade

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Reuters MUMBAI

MUMBAI (Reuters) - The BSE Sensex fell to its lowest close in seven months on Friday after Infosys' lower-than-expected revenue guidance raised concerns about the outlook for the software services exporting sector.

The Sensex provisionally fell 1.7 percent to its lowest close since September 13, 2012. The Nifty fell 1.2 percent.

Infosys Ltd provisionally fell 22.1 percent, marking its biggest single-day fall since April 4, 2003.

(Reporting by Swati Bhat; Editing by Rafael Nam)

 

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First Published: Apr 12 2013 | 3:38 PM IST

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