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TCS top Nifty loser today

| | Dec 15, 2014, at 05:41 pm
# Tata Consultancy Services # Nifty loser
Mumbai, Dec 15 (IBNS): Tata Consultancy Services (TCS) shares fell nearly 11 percent (including Monday’s low) in the month of December, media reports said.

Infosys also fell more than TCS in December because its promoters sold shares last week.

TCS was the top Nifty loser on Monday falling to its lowest intraday level since July 17, sources said.

The Sensex shed nearly 1,600 points or 5.5 percent (including Monday’s intraday low) in just 11 trading sessions this month.

The IT sub-index on the BSE also dropped over 10 percent during the same period turning December as a bad month for markets in general and IT stocks in particular.

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