The 30-share BSE Sensex continued to trade marginally lower amid volatility, weighed down majorly by the Infosys (which has the third highest weightage on the Nifty 50 index following ITC and Reliance).
Kawaljeet Saluja, associate director and head of research, Kotak Institutional Equities joins CNBC-TV18 to discuss the way forward for Infosys and the IT sector on the whole.
Market has been under pressure due to concerns over rising inflation and crude oil prices. In addition to that IT bellwether Infosys Technologies' disappointing earnings per share guidance for FY12 further dragged the indices down.