Infosys share price: Infosys shares plummeted 9% to a 52-week 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.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets