19 Aug, Market Live- Sensex down near 300 pts, Infosys declined over 8%, Money Maker Research

Infosys share price, Infosys CEO, Infosys MD, Money Maker Research, Financial Services, daily equity report, equity tips, Intraday trading tips, free stock trading tips, market closing report, stock market prediction, Day trading tips, Live Nifty Chart, Today's Equity Tips, equity tips free trial, Intraday Equity Tips, equity intraday calls, stock tips tomorrow, Stock Tips for Tomorrow, free intraday tips indian share market, Top Stock Advisory In Indore, Best Equity Intraday Call, Stock Future CallBenchmarks indices opened lower on Friday trading session, due to weak global cues, The stock market under pressure due to a reason of the resignation of Infosys CEO and MD Mr. Vishal Sikka. After the Resignation of Mr. Sikka, Infosys shares declined more than 8 percent and other heavyweight stocks HDFC, HDFC Bank, SBI, Tata Motors, and Sun Pharma fell more than 1 percent. while TCS, ITC, and HUL shares rally 1 percent each.
India’s second largest information technology services company Infosys Ltd, according to experts, its share buyback may be priced at up to Rs 1,200 per share. The Infosys said, it will consider a proposal for buyback of equity stocks of the company after the board meeting, which is held on Saturday, 19 August. Market Analysts say that the buyback gives a fabulous exit opportunity for the retail investors. The share closed at Rs 1,021 up  4.7% from the previous close.

Market Live- At 12.30 PM, The Sensex was down 295 points at 31500, while the Nifty was down 78 points at 9825. The market breadth was negative as 717 shares have advanced, 1504 shares declined, and 192 shares are unchanged.

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