Financial Daily
from THE HINDU group of publications
Thursday, September 14, 2000
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Financial Daily from THE HINDU group of publications Thursday, September 14, 2000 |
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Infosys stock turns weak
BL Research Bureau
CHENNAI, Sept. 13
CONTRARY to expectations, the announcement of the alliance with Microsoft Corporation failed to trigger positive response at the stock market. On the contrary, the Infosys stock saw a steady decline after the alliance was informed to the stock exchange.
After peaking to a high of Rs. 8,949 immediately after the announcement, the share price of Infosys declined thereafter to close on a weak note at Rs. 8,698 at the National Stock Exchange.
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