Infosys ends market's winning run; IT giant sees highest fall in 2 years

Sensex drops 0.85% as IT giant's scrip slips by 10%

A fall in Infosys shares ended a three-day winning streak for Indian markets. The benchmark Sensex on the BSE fell 271 points or 0.8 per cent to close at 31,524. The Nifty 50 of the National Stock Exchange closed 66.7 points or 0.7 per cent to 9,873.

Shares of Infosys closed at Rs 923, down Rs 98 or 9.6 per cent. This is the highest single-day fall for the information technology giant in a little more than two years. It is an index heavyweight and the shares opened under selling pressure after chief executive officer Vishal Sikka said he'd quit. The