Home Business Indian equity benchmarks snapped a nine-day winning streak after Infosys tumbled over...

Indian equity benchmarks snapped a nine-day winning streak after Infosys tumbled over 9% and sparked a selloff in IT stocks, following the country’s No. 2 IT services exporter’s weak quarterly results and forecast.

By
Nikhil Bhatt - Research Analyst - SEBI
-
142
0
SHARE
Dear Trader… Indian equity indices ended in the red on Monday, snapping their nine-day winning streak, as shares of Infosys tumbled over 9% after the company’s dismal revenue outlook raised concerns about demand for Indian IT services amid global banking turmoil and recession fears. The 30-share BSE benchmark Sensex declined

This content is restricted to site members. If you are an existing user, please log in. New users may register below.

Existing Users Log In
   
New User Registration
*Required field
SHARE
Previous articleHCL: None found suitable for CMD post
Next article2 IAS officers get PM’s Award for Excellence in Public Administration
Nikhil Bhatt - Research Analyst - SEBI
http://www.nikhilbhatt.in
Nikhil Bhatt is a SEBI registered individual Research Analyst under the SEBI (Research Analysts) Regulations, 2014 is an entrepreneur, global thought leader with a sound understanding trend of BSE, NSE, financial industry segments and investment trends. According to Nikhil Bhatt, “Our mission is to spread financial awareness and improve financial literacy in a concise, simple and easy-to-understand manner. Backed by scientific research, ethical principles and reliable data, our publications benefit and guide the Indian financial / non financial community like merchants, managers, investors, traders and readers. We seek to make investment decisions more objective and mature”.

RELATED ARTICLESMORE FROM AUTHOR