Mumbai: The Nifty fell about 1.5 per cent amid global risk aversion, while Infosys declined on speculation that it may announce acquisitions which may weigh on its earnings.
The Nifty fell 1.44 per cent, marking its biggest single-day percentage fall since July 27, while the Sensex ended 1.16 per cent lower. (Click here for detailed market report)
Infosys will make an announcement at 5 p.m., according to the company's website.
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