Sensex sheds over 300 points after Infosys CEO resigns
The BSE Sensex fell over 300 points and the NSE Nifty dropped by 73.95 points to 9,830.20 after Vishal Sikka resigned as Managing Director and CEO of Infosys with immediate effect. Infosys shares plunged nearly 10% during intra-day trade, their steepest fall in over nine months. Reportedly, Infosys lost over â¹17,000 crore market capitalisation after the news.