Explore why the Nifty 50 index has crashed in the past few weeks and what to expect in the coming months as a death cross ...
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The Infosys stock plunged 5.71 per cent to hit a low of Rs 1816.10 on BSE. The stock is up 10 per cent in the past one year.
Equity indices Sensex and Nifty drop due to Infosys and Axis Bank, while Reliance Industries reports profit rise.
ST, the barometer index, the S&P BSE Sensex, declined 269.72 points or 0.35% to 76,781.09. The Nifty 50 index lost 49.50 points or 0.21% to 23,262.30.