Today’s Latest Business News, Finance and Share Market News at 5:30 pm on 17 April 2023


Source: indianexpress.com indianexpress.com

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Let's begin. Infosys share price hit a lower circuit on Monday, tanking 10% to Rs 1,250.30 on NSE after the IT giant’s Q4 results missed market estimates. Infosys reported its fourth quarter revenue of Rs 37,441 crore, down 2.3% from Rs 38,318 crore in the previous quarter, with a net profit of Rs 6,128 crore. According to analysts and brokerage firms, the IT firm was expected to clock a profit rise in the range of 14.2- 21.7 per cent on-year during the March quarter. Domestic indices NSE Nifty and BSE Sensex today opened with sharp cuts. The Nifty 50 fell...