Bangalore, October 18, 2024 – Infosys Limited (NSE: INFY) witnessed a significant drop in its stock price today as it opened at ₹1893.80, sharply lower than the previous day’s closing price of ₹1968.10. The nearly 3.78% drop raised eyebrows among market watchers, leading to concerns about the factors driving the decline.
This sharp opening dip contrasts with the recent stability seen in Infosys’ stock. Investors are speculating about potential market-wide factors, such as global economic conditions, currency fluctuations, or sector-specific developments, that could be influencing the sudden downturn.
Analysts will be watching closely as the day progresses to see if Infosys can recover from this early setback or if further declines are on the horizon. Shareholders and market participants will be keen to understand the underlying reasons behind this unexpected price movement.
More updates are expected as the trading session continues.