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it stocks crash: Rub-off effect! IT stocks crash up to 10%; Infosys top loser

Infosys shares plunged nearly 10% to the day s lows of 1,305 following its June quarter earnings on Thursday where it significantly cut its FY24 revenue growth guidance. The last major fall for Infosys was on April 17, 2023, when the stock fell by over 14% while the Nifty IT index fell 7.62%.

Sensex tumbles amid Q1 disappointments: Key factors behind 750-point fall

The Sensex and Nifty fell as a few big companies disappointed with their first quarter earnings, domestic institutional sold stocks and global cues turned weak

Gaurav Bissa: Nifty IT Index may hit fresh life-time high in next 18 months: Gaurav Bissa

Gaurav Bissa: Nifty IT Index may hit fresh life-time high in next 18 months: Gaurav Bissa
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