The fall came on the back of a massive selloff in NBFCs, led by DHFL which skidded over 50 per cent on fears of a liquidity crisis.
It is not that platforms and products are something that Infosys has not tried earlier.
Of these, three stocks belong to the automobile pack and two are from the pharma.
As Nasdaq-listed company indicates poor spending in financial services space, Indian firms feel jittery
Progress of monsoon, investment trend by foreign investors and the movement of rupee against the dollar will also influence sentiment
Leveraging next generation technologies like artificial intelligence, software services major Infosys is confident of returning to industry-leading growth and regaining its position as the bellwether of the over $100 billion Indian IT industry.
'It is not that the H1B visa employees are coming in to displace jobs.'
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Sikka said since more and more of the work is now becoming automated, the Indian IT companies need to focus much more on the innovative areas and on the new areas.
Mindtree, eclerx and Hexaware are trading at similar valuations to that of the larger peers.
Infosys may have put the visa misuse investigations behind it through a civil settlement with the US authorities, but experts believe that the episode might drag its other peers under the scanner.
Persistent capital inflows by domestic institutional investors and retail investors kept the markets in fine nick
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
Pakistani Prime Minister Nawaz Sharif has cancelled his visit to WEF annual meeting after a deadly Taliban attack in his country.
Even as high attrition rates continue to haunt Infosys, the country's second-largest IT services firm is confident of bringing it down to 12-14 per cent in the next two quarters as it gets back to the growth trajectory.
Sensex ends belowe 26,800 on domestic concerns.
The Tata Group has close to 110 companies and Chandrasekaran plans to bring this number down to around five or six.
The broader NSE Nifty gained 22 points to 10,480.60
Experts, however, are of the opinion that a world manned mostly by bots is still some time away. Also, new jobs -- of bot builders and supervisors -- will emerge with time.
For the full 2016-17, Wipro's profit fell nearly 5 per cent to Rs 8,518 crore while total income grew 7.4 per cent to Rs 57,995 crore compared to the previous fiscal.
Google is the most attracitve employer in India followed by Sony
The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.
Wipro said recently it was expecting its revenue growth to drop 2.33 per cent or stay flat between $2,015 and $2065 million.
Infosys, however, feels the high level of cash is an important tool to weather tough times.
Infosys, as part of performance improvement programme, allows 'poor performers' to undergo training to get into shape.
Infosys added 10,997 employees (gross) in the last quarter of FY'14 and 39,985 during the fiscal to take its total headcount to 1,60,405 people.
Sun Pharma dipped 2% to Rs 615 on the BSE, its lowest level since November 9, 2016
With employees as brand ambassadors, can the company get the grime off its image?
Did you know that India is among the top five countries in food processing?
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
The stock was the worst performer among the blue-chips on both Sensex and Nifty.
That resulted in a 50-basis point improvement in operating profit margins on a sequential basis.
Infosys: Sikka magic may revive double-digit revenue growth
SBI plunged over 3% after posting a 34.57% fall in net profit to Rs 2,538 crore for the quarter ended September 2016 on rise in provisions for non-performing loans.
Analysts say the company remains on a firm footing, stake sale by the founders will not impact fundamentals.
Investors indulged in profit booking at attractive and higher valuations
'Tata Steel has doubled, Tata Motors has more than doubled, and Tata Chemicals too has more than doubled.' 'So, Cyrus Mistry was getting accepted by the market for bringing in the change that was good for the group companies.'
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
Insurance companies are going all out to grab eyeballs.
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