Infosys Share Price Today Live - NSE/BSE Updates on The Economic Times
Why is Infosys Share Price Down Today?
As of 16 Apr 2024 03:57 AM, Infosys shares were trading at ₹5,370.35, down 3.66% from the previous close.
Several factors may have contributed to the decline in Infosys share price today:
- Global economic uncertainty: Fears of a global recession and rising interest rates have weighed on technology stocks, including Infosys.
- Earnings miss: Infosys recently reported earnings that fell short of analysts' expectations, leading to some profit-taking by investors.
- Competition from peers: Infosys faces intense competition from other IT giants such as TCS, HCL Tech, and Wipro, which may have put pressure on its margins.
- Attrition concerns: Infosys has been experiencing high employee attrition rates, which has raised concerns about its ability to retain talent and meet client demand.
Real-Time Infosys Share Price Updates
Here are the latest Infosys share price updates:
| Exchange | Price | Change |
|---|---|---|
| NSE | ₹5,370.35 | -3.66% |
| BSE | ₹5,371.00 | -3.65% |
| NYSE | $71.00 | -1.11% |
Note: Prices as of 16 Apr 2024 03:57 AM.
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