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The benchmark indices
settled at their record highs on Monday with the Nifty50 index ending above the
11,500 levels for the first time ever following positive global developments
and a firm rupee.The S&P BSE Sensex settled at a record high of 38,279, up 331 points, while
the broader Nifty 50 index
closed at a new high of 11,552, up 81 points. In intra-day deals, the S&P
BSE Sensex hit an all-time high
of 38,340.69. The Nifty50 index, on the other hand, touched its record high
level of 11,565.30. Shares of Infosys was trading 2% lower at Rs 1,401, after falling 4% in early
morning trade on the BSE, after the company’s chief financial officer (CFO), M
D Ranganath, has decided to leave the IT major to pursue external opportunities.Infosys recovered 2.2% from its early morning low of Rs
1,374. In comparison, the S&P BSE Sensex was up 0.75% or 286
points at 38,234. The trading volumes on the counter nearly doubled with a
combined 2.57 million equity shares changed hands on the NSE and BSE so
far.
In a release on Saturday, Infosys said that the board of
directors has accepted the resignation of M. D. Ranganath as the chief
financial officer and key managerial personnel of the Company.
TOP GAINERS:LT ,TATAMOTORS,ONGC
MAJORLOOSERS: INFY,GAIL,TITAN
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