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Infosys shares brace for selloff post FY24 guidance cut Stock may underperform peers, say analysts

Infosys: If an overnight 7 per cent fall in Infosys American depositary receipt (ADR) is any hint, Infosys shares are likely to see a steep fall as the market opens on Friday. This could be a similar fall that the stock witnessed post Q1 results.

Andhra pradeshSumit pokharnaMotilal oswalPrashanth tapseResearch at mehta equitiesResearch analystSalil parekh ledInfosys americanOswal securitiesNirmal bangVice presidentKotak securitiesNuvama institutionalNfosys sharesInfosys share priceInfosys adr

Infosys Q2 results beat street but weak guidance sends ADRs crashing 7% in New York trading

Infosys narrowed its revenue growth guidance for the full year at the upper end and has now guided for revenue growth of 1-2.5 percent for the full year.

Prashanth tapseSumit pokharnaResearch analystSenior vp researchNew york listed infosysVice presidentKotak securitiesResult analysisInfosys q2Infosys q2 earnings

IT firms with focus on niche verticals fare well amid downturn

IT firms with focus on niche verticals fare well amid downturn
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Kumar rakeshSumit pokharnaManoj raghavanKishor patilTata elxsiResearch analyst viceEngineering researchKotak securities ltdLt technology servicesResearch analyst

Fed rate hike: What does hawkish interest hike view mean for Indian IT players - Explained

Fed rate hike: The US Federal Reserve has raised its benchmark interest rate to the highest level since 2001. Indian IT players may suffer as a result. The question now is - has the rate hike cycle peaked?

Jerome powellSrikanth subramanianNaveen kulkarniAamar deo singhSumit pokharnaBig fourGeojit financial servicesFederal reserveFounder head of research at equinomicsResearch analyst viceFederal reserve chair jerome powellBig fourEquinomics research privateDeo singhHead advisoryAngel one

Despite slowdown, Indian IT firms find takers for AI-first offerings

Despite slowdown, Indian IT firms find takers for AI-first offerings
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Omkar tanksaleSumit pokharnaSalil parekhResearch analystKotak securities ltdAxis securities