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.

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Nikhil Bhatt - Research Analyst - SEBI
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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

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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”.

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