Infosys shares tank over 10% after IT major cuts FY24 growth outlook; IT index slips nearly 5%

Domestic stock markets snapped their six-day record rally on Friday after heavy selling in IT companies including Infosys Ltd, which slashed its revenue growth guidance for FY24 a day earlier.
The 30-share Sensex fell 887.64 points, or 1.31 per cent, to close at 66,684.26. The index tanked 1,038 points during intraday trading.
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