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Stocks to Watch, June 26, 2023: IndusInd Bank,Ipca Lab,Infosys, ICICI Securities,HDFC Life

Infosys shares at Rs 1,200 or Rs 1,400? Here s what short-term technical analysis hints

Infosys share price: The counter's 14-day relative strength index (RSI) came at 40.79. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-earnings (P/E) ratio of 22.87. It has a price-to-book (P/B) value of 7.85.

Government may oppose Hindustan Zinc s acquisition proposal for Vedanta s global zinc business

The Indian government is expected to be against any proposal by Hindustan Zinc Ltd (HZL) to acquire its parent company Vedanta s global zinc business unless the valuation of the assets is reduced to a more realistic level.

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