Nifty, Sensex fall after Fed signals faster tightening pace [Reuters]
Infosys Limited American Depositary Shares (INFY)
Last infosys limited american depositary shares earnings: 4/21 04:00 pm
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Source: Reuters
Nifty, Sensex fall after Fed signals faster tightening pace | Reuters 3 Min Read (Reuters) - Indian shares fell on Thursday, in line with Asian peers, as the Federal Reserve raised U.S. interest rates and struck a more hawkish tone in forecasting a slightly faster pace of tightening. Asian shares dropped after the Fed raised its benchmark overnight lending rate to a range of 1.75 percent to 2 percent and forecast two additional hikes by the end of this year, compared to one previously. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.16 percent. “People are a bit nervous because of the Fed’s hawkish tone and since the Fed may increase the pace of tightening. Moreover, there is an overhang from the European Central Bank (ECB) policy as all these central banks are on the reverse course now,” said Saurabh Jain, AVP - Research, SMC Global Securities. The ECB at its meeting on Thursday will debate whether to end a massive bond purchase scheme later this year, taking its bi
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INFY
Earnings
- 4/19/24 - Beat
INFY
Sec Filings
- 4/24/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/2/24 - Form 6-K
- INFY's page on the SEC website