Published on 27/11/2017 3:21:04 PM | Source: Dion Global Solutions Ltd.

Infosys down 1% amid profit booking

Posted in | #IT Sector #Stock On The Move #Infosys Technologies Ltd. #


Shares of Infosys fell over 1 per cent on the Bombay Stock Exchange as investors resorted to profit booking ahead of Rs 13,000-crore buyback, starting on Thursday. Weighed down by profit booking, shares of company declined as much as 1.46 per cent to touch an intra-day low of Rs 995.15 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the company were trading 1.12 per cent lower at Rs 998.25 apiece on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 33,582.00, down 97.24 points, or 0.29 per cent, at 11:10 hours.