Sensex plunges 300 points led by tech stocks
Hit by over 21% plunge in Infosys shares on disappointing earnings, the BSE benchmark Sensex today tumbled by nearly 300 points to end at 18,242.56.
"Infosys induced selling in other IT names as well. We didn't think that their numbers were going to be this extreme," said CLSA.
" One would have thought that IT would be a relative safe haven, but after Infy’s results, clearly that does not appear to be so."
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| Market Round-up |
| 18242.56 | -299.64 |
| 5528.55 | -65.45 |
| 1,593.37 | 5.64 |
| 3,300.16 | .00 |
| 54.3393 | -.07 |
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| NSE Gainers |
| Scrip | Price(Rs.) | %Change |
|
| 22.50 | + 423.26 |
|
| 17.00 | + 211.93 |
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| 42.20 | + 162.11 |
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| 39.45 | + 142.77 |
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| 15.05 | + 94.19 |
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| NSE Losers |
| Scrip | Price(Rs.) | %Change |
|
| 132.60 | -78.48 |
|
| 2,296.65 | -21.26 |
|
| 68.45 | -10.70 |
|
| 1,752.05 | -10.00 |
|
| 28.40 | -9.41 |
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