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Sensex falls as Infosys extends losses

21 August, 2017

Indian shares ended lower on Monday, with market heavyweight Infosys Ltd extending losses for a second session following Vishal Sikka’s resignation as the chief executive officer and managing director of the company on Friday.

The benchmark BSE Sensex closed down 0.84 percent at 31,258.85, its lowest in five sessions while the broader NSE index ended 0.84 percent lower at 9,754.35. Both the indexes fell for a second straight day.

Infosys closed 5.75 percent lower. The stock is down 14.4 percent since Vishal Sikka’s resignation. Tata Consultancy Services Ltd ended the day 0.6 percent higher.

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Sensex falls as Infosys extends losses

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