The fall in Infosys’ stock has led to a steep fall in the market capitalisation of the company. It fell over Rs 16,600 crore on the back of the fall in the stock.
As of closing price on Thursday, Infosys had a market cap at Rs 2,34,554.78 crore. Meanwhile, this figure came down to Rs 2,17,924.74 crore.
Indices continued to trade lower in the afternoon session, with the Nifty firmly trading below 9850.
ITC, TCS, BPCL and Bharti Infratel gained the most on both indices.
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