Infosys Ltd. shares fall 1.48% amid weak stock market session
Updated
Updated · MarketWatch · Apr 28
Infosys Ltd. shares fall 1.48% amid weak stock market session
12 articles · Updated · MarketWatch · Apr 28
Infosys closed at 1,152.60 rupees on Tuesday, underperforming the BSE SENSEX Index, which dropped 0.54% to 76,886.91.
The stock is now 33.29% below its 52-week high of 1,727.85 rupees reached in February, with trading volume at 526,238 shares, below the 50-day average.
Infosys's decline outpaced Tata Consultancy Services and Wipro, while HCL Technologies fell even more, reflecting broad weakness across major Indian IT stocks during the session.
Are markets unfairly punishing Infosys despite its record profits and deals?
Why has $115 billion vanished from India's IT sector in four months?
Is the golden era for India's massive IT services industry now over?
Infosys is cutting experienced staff while hiring freshers. What's the real plan?
Can Infosys's multi-billion dollar acquisitions help it survive the AI disruption?