Rub-off effect! IT stocks crash up to 10%; Infosys top loser

Rub-off effect! IT stocks crash up to 10%; Infosys top loser

Infosys led Friday’s bloodbath on Dalal Street as the equity market fell like a pack of cards, breaking a four-session record-breaking spree. Infosys shares plunged nearly 10% to the day’s lows of 1,305 following its June quarter earnings on Thursday where it significantly cut its FY24 revenue growth guidance. The last major fall for Infosys … Read more