Market News Today | Sensex, Nifty highlights: Infosys shares dragged the headline indices lower on Tuesday afternoon, after whistle blower complaints led to its biggest one-day fall in over 6 years. Infosys shares closed the session 16.21% lower at Rs 643.30 on BSE. The Sensex ended 335 points lower at 38,964, while the Nifty closed the session 52 points lower at 11,589. Infosys shares came under the radar after whislte-blower complaints alleged corporate malpractices by CEO Salil Parekh and CFO Nilanjan Roy. A few anonymous employees of the IT giant have reportedly accused its CEO Salil Parekh and CFO Nilanjan Roy of unethical practices for many quarters. Infosys finds itself in the midst of another episode of corporate governance-related issues, post Vishal Sikka’s exit in August-17. “Infosys is one of the most owned stocks by Mutual Fund Schemes Total Value of holding at the end of September 2019 was Rs 45,000 crore. Approximately 4% of total equity holdings of MF’s,” noted investment advisor Sandip Sabharwal said. The letter to the Board and the SEC alleges that Infosys’s senior management has focused on boosting near-term revenues and profits by: 1) way of not fully recognizing certain costs such as visa costs; and 2) revenue recognition related to some large deals not being in line with accounting standards. Further, the letter claims the CEO has bypassed the regular process of reviews and approvals relating to large deals and also suggests some of the large deals have no margins, brokerage firm Emkay said.