Nifty, Sensex muted as heavyweights drag; state-run banks rise [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 muted as heavyweights drag; state-run banks rise | Reuters 2 Min Read (Reuters) - Indian share indexes were steady on Thursday, bucking a broader Asian rally, as a drop in IT heavyweights such as Infosys Ltd countered gains from financial stocks such as ICICI Bank Ltd. Asian shares marked a 4-1/2-month high after the U.S. Federal Reserve signalled it would be patient on further interest rate increases and as trade talks between China and the United states seemed to progress. The broader Nifty was little changed at 10,743.80 as of 0544 GMT, while the benchmark BSE Sensex was steady at 35,786.63. Indian markets were expected to continue the positive momentum from last session, but the strength is missing, said Siddhartha Khemka, head of retail research at Motilal Oswal Securities. There is a lack of positive triggers and market participation is low, Khemka added. Shares in Infosys fell as much as 1.8 percent and were the top drag on the NSE index. Auto stocks also took a b
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News
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- India's Wipro rises as Street pins hopes on new CEO after Q4 results [Reuters]Reuters
- Infosys Limited (NYSE: INFY) had its price target lowered by analysts at BMO Capital Markets from $21.00 to $18.00. They now have a "market perform" rating on the stock.MarketBeat
INFY
Earnings
- 4/19/24 - Beat
INFY
Sec Filings
- 4/18/24 - Form 6-K
- 4/2/24 - Form 6-K
- 2/22/24 - Form 6-K
- INFY's page on the SEC website