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The broader NSE Nifty too fell around 150 points to crack below the 10,400-mark as 30 of its constituents declined.
Netflix said it gained almost seven million new users worldwide, to bring its total membership to more than 137 million.
This is a testimony to our strong client relationships, digital-led full-service capabilities, and intense focus on the needs of our clients," Infosys CEO and managing director Salil Parekh said.
The company's market valuation tumbled Rs 9,101.69 crore to Rs 3,30,455.31 crore on the BSE.
Indian shares ended higher for a second straight session on Monday after a weak start, in a recovery led by IT stocks benefiting from a depreciating rupee, while consumer discretionary stocks capped t
Shares of InterGlobe Aviation zoomed 7.44 per cent, Jet Airways soared 4.70 per cent and SpiceJet 4.69 per cent on BSE.
The stocks fell below Rs 200 level at Rs 170.65, the lowest since December 19, 2011, falling 19.78 per cent intraday.
Experts say that the market is unlikely to show upward movement and will continue to remain choppy, mainly on account of the election year.
Market experts said the fuel price cut would have negative implications for upstream public sector companies.
Among others, Muthoot Finance plunged 5.84 per cent, GIC Housing Finance 5.36 per cent, Repco Home Finance 5.30 per cent and LIC Housing Finance 2.60 per cent.
The government Wednesday approved over 25 per cent hike in the price of ethanol produced directly from sugarcane juice for blending in petrol in a bid to cut surplus sugar and reduce oil imports.
Sentiment got a boost after the rupee rebounded from its historic low of 72.91 (intra-day) against the dollar to 71.86 in late afternoon trade.
The rupee touched a life-low of 72.6750 to the dollar, forcing the government to consider measures to soften the fall. It has declined nearly 15 per cent against the dollar this year.
At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which was quoting at 11,499.60 points, was up by 22.65 points or 0.20 per cent.
The Indian currency collapsed to a new lifetime low of 71.10 in intra-day trade, raising concerns on the macroeconomic front.