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Markets in the red; Infosys tanks 4%

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The S&P BSE Sensex was trading over 100 points lower while the broader NSE Nifty50 was below the crucial mark of 9,850 in afternoon trade on Monday. Infosys’ buyback plan of 11.30 crore shares at Rs 1,150 per share failed to lift investor sentiment with the stock sliding around 4 per cent.

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