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Stocks to Watch for June 19: RIL, Infosys, Wipro, HDFC Bank and more
From Reserve Bank of India extending the tenure of Keki Mistry as interim part-time chairman of HDFC Bank to Wipro acquiring an additional 20% stake in Aggne Global IT Services Private Ltd, taking its total holding in the entity to 80%; here are some stocks to track ahead of Friday's trading session.
Accenture Shares Slump 19% In Biggest One-Day Drop; Infosys, Wipro ADRs Slide Up To 8%
ADRs of Infosys fell more than 8% and Wipro declined over 4%.
Nifty Outlook for June 19: Reliance, IT stocks hold key for Friday's trade
Heading into Friday's session, IT stocks will remain in focus after Accenture shares plunged 19% in their biggest one-day decline on record. The selloff came after Accenture trimmed the upper end of its annual revenue growth forecast on June 18. Following the development, Infosys ADRs fell nearly 8%, while Wipro ADRs declined about 4%.
Infosys ADR falls nearly 5% after Accenture guidance cut
Infosys ADRs fell more than 4% in premarket trading after Accenture lowered its annual revenue growth guidance, triggering a broad selloff across global IT services stocks and outsourcing companies.
Why is Infosys ADR stock sliding today? By Investing.com - Investing.com India
Why is Infosys ADR stock sliding today? By Investing.comInvesting.com India
Why is Infosys ADR stock sliding today? - Investing.com
Why is Infosys ADR stock sliding today?Investing.com
Infosys, TCS, Wipro, other IT stocks fall up to 3% after Fed's hawkish tone. What's ahead?
Indian IT stocks, including Infosys and TCS, experienced a significant decline of up to 3% on Thursday. This downturn was triggered by a hawkish stance from the US Federal Reserve, which has increased expectations of a rate hike later this year. Concerns over reduced discretionary spending in North America, a key market for these companies, are driving the sell-off.
DMart's Damani, An Infosys Founder, MIT — The Famous Names In NSE's IPO Shareholder List
NSE counts a retail billionaire, an Infosys co-founder, and the founder of MCX among its shareholders. None of them are selling.
IT shares trade weak; Infy, TCS, HCL Tech, Wipro slip up to 2%; here's why
Fed decision, weak US cues: At 10:18 AM on Thursday, the Nifty IT index was the top sectoral loser, down 1 per cent, as against a 0.10 per cent rise in the Nifty 50.
TCS Share Price Drops In Early Trade, Infosys Down 3% As Nifty IT Falls Most Among Sectoral Indices
Shares of India's largest IT services giant TC dropped 1.23%, while Infosys shares last traded 2.19% lower
Infosys Share Price Live Updates: Infosys Weekly Returns Stand at 1.08%
Nifty June futures trade at premium
Tata Motors PV, HDFC Bank and Infy were top traded contracts