Infosys slips 6% post Q3 results, drags down Nifty IT index
Sat, Jan 18, 2025 10:48 AM

Infosys slips 6% post Q3 results, drags down Nifty IT index

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Infosys shares tumbled close to 6% on Friday as the company's muted outlook after its third-quarter results prompted investors to cut their bets. While Infosys reported decent numbers, the management expects a muted fourth quarter which led to the slide in the stock, said Dharmesh Kant, head of research, Cholamandalam Securities.

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