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`Mistrade' boosts Infy, Sensex

Our Bureau

Mumbai , Nov. 17

A `mistrade' at the Infy counter in early trade saw the Sensex jump 170-odd points over its previous close.

The Sensex opened at 13,678.04, registering a gain of almost 173 points from its previous close of 13,505.89.

According to dealers, the Infosys counter opened almost 10 per cent higher at Rs 2,401 on the BSE.

Infy has a weightage of 11.38 per cent on the Sensex and is the frontline stock.

The Sensex, however, lost ground once the `mistrade' came to light and thereafter ended the day 76 points lower at 13,429.48.

Marketmen speculate that it may have been a punching error. Details of the trade, in terms of quantity, etc., were not known. The Infosys stock ended the day at Rs 2,186.15. On the NSE, the stock ended at Rs 2,186.40 after touching intra-day high and low of Rs 2208.9 and Rs 2160.25 respectively

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