Rs 40,000 crore gone in minutes! Why Infosys shares crashed 9% to hit lowest level in almost 6 years
Infosys share price: Infosys shares plummeted 9% to a near 6-year low, losing nearly Rs 40,000 crore in market cap. This follows Accenture's lowered revenue forecast, sparking concerns over reduced discretionary IT spending. The US Federal Reserve's hawkish stance further fueled worries about a potential slowdown in enterprise technology investments.
The Economic Times ·