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Infosys slips 6% post Q3 results, drags down Nifty IT index

2025-01-18 05:39:56| The Economic Times

Infosys shares fell nearly 6% due to a muted outlook for the fourth quarter and cautious sentiment regarding Donald Trump's expected policies. The stock closed at 1,817.50, down 5.8%. The Nifty IT Index fell 2.7%. Midcap IT companies are trading at higher valuations than large-cap players. IT stocks may face uncertainty from a global slowdown.


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