Infosys shares tank nearly 6 pc; drag markets lower

Shares of Infosys tanked nearly 6 per cent on Friday amid profit-taking post announcement of the third quarter earnings.

The stock slumped 5.73 per cent to Rs 1,815.70 on the BSE.

At the NSE, it tumbled 5.88 per cent to Rs 1,815.

Decline in the stock was instrumental in dragging the markets lower.

The 30-share BSE benchmark Sensex traded 752.55 points lower at 76,279.39, and the NSE Nifty quoted 198.30 points down at 23,108.25.