Nifty, Sensex fall more than 1 percent amid liquidity concerns [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 pare early gains; NBFCs drag | Reuters 3 Min Read (Reuters) - Indian shares rose over 1 percent on Wednesday to a near two-week high before paring gains, unable to play catch-up with global markets, as liquidity concerns dragged down non-banking financial stocks. Indian markets have been facing a liquidity crunch with a depreciating rupee and higher oil prices. And, the recent string of defaults by non-banking financial firms on debt repayment has compounded worries. “We should have followed how global markets behaved, but it is more to do with the sell-off. FIIs (foreign institutional investors) are selling regularly after a break of a day... All financials are getting hit badly, liquidity is again becoming tighter,” said AK Prabhakar, head of research at IDBI Capital. Foreign investors had net sold $2.59 billion worth of equities this month as of Tuesday, compared with a net sale of $1.49 billion last month. The rally from 10,138 points to 10,710 points is just a pull-
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INFY
News
- Infosys announces strategic collaboration with Germany-based Handelsblatt Media Group [Seeking Alpha]Seeking Alpha
- Infosys and Handelsblatt Media Group Announce Strategic CollaborationPR Newswire
- Infosys and Handelsblatt Media Group Announce Strategic Collaboration [Yahoo! Finance]Yahoo! Finance
- Infosys and Handelsblatt Media Group Announce Strategic CollaborationPR Newswire
- Insurance BPO Services Market Expected to Reach USD 83.70 Billion by 2029 - Substantial Growth, [Yahoo! Finance]Yahoo! Finance
INFY
Earnings
- 1/12/24 - Beat
INFY
Sec Filings
- 2/22/24 - Form 6-K
- 1/22/24 - Form 6-K
- 1/17/24 - Form 6-K
- INFY's page on the SEC website