Sensex snaps two-day rally as IT counters see heavy selling
Infosys was the biggest loser among the Sensex stocks, falling 2.29 per cent
Source: theweek.in
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Infosys was the biggest loser among the Sensex stocks, falling 2.29 per cent
Infosys share price: The stock traded lower than the 5-day, 20-, 50-, 100- and 200-day moving averages. The counter's 14-day relative strength index (RSI) came at 24.67. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-equity (P/E) ratio of 24.98. It has a price-to-book (P/B) value of 8.58.
On Monday, at close, BSE Sensex was trading 520.25 points down at 59,910.75 and Nifty50 was trading 121.15 points low at 17,706.85. -- aaa