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Stock impact report

Sensex, Nifty end lower on China trade shock [Reuters]

Infosys Limited American Depositary Shares (INFY) 
Last infosys limited american depositary shares earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: infosys.com/investors
Company Research Source: Reuters
Nifty, Sensex slip; Infosys softens blow | Reuters 3 Min Read (Reuters) - Indian shares fell in line with broader Asia on Monday after a shock contraction in Chinese exports raised fears of a sharper global slowdown, but the blow was cushioned by gains in Infosys Ltd after the IT major raised its revenue forecast and announced a buyback. The latest data disappointment in China reinforced fears that U.S. tariffs on Chinese goods were putting a big strain on China’s already cooling economy. Back home, shares continued trading in the red for a third straight session but Infosys helped trim losses on the index. Shares of the company climbed as much as 3.9 percent to their highest since Dec. 17. Larger rival Tata Consultancy Services Ltd fell 1.8 percent to a seven-week low, extending its decline from last week. The broader NSE Nifty fell 0.57 percent to 10,733.40 as of 0519 GMT. The benchmark BSE Sensex lost 0.54 percent at 35,814.65. “Results are not very clear, near term. With elections Show less Read more
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