Infosys slips over 3% as RBS defers Williams & Glyn plan
16/08/2016 12:07
NIFTY Fut : Trend : SELL ZONE
Shares of IT bellwether Infosys tumbled over 3 per cent on the Bombay Stock Exchange after the after the copany’s major client Royal Bank of Scotland (RBS) deferred a plan to set up a separate and list a new UK standalone bank, for which IT major was a key technology partner.
Weighed down by the development, shares of IT major declined as much as 3.35 per cent in intra-day to trade at Rs 1027.60 apiece on Bombay Stock Exchange.
In a similar fashion, stocks of company fell 1.50 per cent to Rs 1,046.65 apiece on National Stock Exchange.
Meanwhile, the broader benchmark BSE Sensex was trading at 27,991.75, down 160.65 points, or 0.57 per cent, at 12:10 hours.
16/08/2016 12:07
NIFTY Fut : Trend : SELL ZONE
Shares of IT bellwether Infosys tumbled over 3 per cent on the Bombay Stock Exchange after the after the copany’s major client Royal Bank of Scotland (RBS) deferred a plan to set up a separate and list a new UK standalone bank, for which IT major was a key technology partner.
Weighed down by the development, shares of IT major declined as much as 3.35 per cent in intra-day to trade at Rs 1027.60 apiece on Bombay Stock Exchange.
In a similar fashion, stocks of company fell 1.50 per cent to Rs 1,046.65 apiece on National Stock Exchange.
Meanwhile, the broader benchmark BSE Sensex was trading at 27,991.75, down 160.65 points, or 0.57 per cent, at 12:10 hours.
