Infosys raised its revenue forecast for the fourth straight quarter, projecting 4.5-5% growth for the 2024-25 fiscal year. Revenue increases are driven by strong demand in banking and financial services sectors and easing pressures on discretionary spending. However, its stock price fell nearly 6% on the NYSE.
Related Posts
Top Fixed Deposit Rates: These bank FDs will earn you up to 9% return for 3-year deposits – check list
Top Bank FD rates: Several small finance banks offer competitive fixed deposit rates up to 9% for three-year terms. While these rates are attractive, depositors […]
Stock market today: BSE Sensex reclaims 81,000; Nifty50 above 24,500
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Thursday. While BSE Sensex moved above 81,000, Nifty50 was […]
Sebi extends deadline for securities payout to client’s demat account to November 11
Sebi has extended the deadline for the implementation of direct securities payouts to clients’ demat accounts to November 11, 2024, responding to feedback from brokers’ […]