Vishal Sikka’s surprise resignation as Infosys CEO on Friday threw markets off-track as the Sensex careened off 271 points. Photo: ReutersNew Delhi: Global cues and developments at the crisis-hit Infosys will dictate market sentiment in a holiday-shortened week ahead, say experts. Vishal Sikka’s surprise resignation as Infosys CEO on Friday threw markets off-track as the Sensex careened off 271 points. “A lack of participation and selling pressure in Nifty Bank, Pharma coupled with IT, due to Infosys, is what is keeping Nifty at lower levels. Over the last week, both Sensex and Nifty recorded gains of 311.09 points, or 0.99%, and 126.60 points, or 1.30%, respectively.

Source: Mint August 20, 2017 09:33 UTC