On Friday 13 April,2012, INFOSYS-the benchmark stock for IT Industry fell sharply . due to lack of customer demand in March2012.Forecast of lower than expected revenue growth for the new fiscal,freeze in its plan for salary increases and a decision to go slow on recruitment pulled its stock down.
Its stock fell 13% wiping out nearly 20000 crore in market value.
BSE SEnsex plunged 238 points too.
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