One of the basic principles of figuring out whether the stock prices have bottomed out or have topped out is how they react to the negative and positive news. Now let s use the same thing on Infy, two bad news in quick succession, first the resignation of the CFO and then more than a billion US dollars getting canceled. Let s look at what happened when both the news came. The resignation news came post the market hours and the Infy ADR and initial sharp cut, but then recovered. Next day the infy stock hardly lost any weight. On Tuesday, news of cancellation of a sizable contract came, the impact, just 1.2 % cut in stock price. Now compare with a time when a marginal miss in quarterly numbers lead to a cut of more than 5% in stock price and wipes out billions of dollars in market cap. So, while it might be a bit early, surely early signs cannot be ignored. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed st