01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Market Quote : The weak guidance from Infosys cast a shadow over the outlook of the Indian IT sector Says Mr. Vinod Nair, Geojit Financial Services
Below Quote on Market 21 July 2023 By Vinod Nair, Head of Research at Geojit Financial Services
The weak guidance from Infosys cast a shadow over the outlook of the Indian IT sector, causing a delay in Nifty's pursuit of the 20,000 mark. While the heavyweights surrendered to the bears, the small caps demonstrated resilience. Global markets presented a mixed picture, with the US market struggling due to weak earnings, while UK retail sales exceeded expectations with a 0.7% MoM growth.
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