Layoffs impact: Infy stock sinks below 200-DMA after 8 months; what next?

Q: How long will it take to read this news story?

The story "Layoffs impact: Infy stock sinks below 200-DMA after 8 months; what next?" has 529 words across 16 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Layoffs impact: Infy stock sinks below 200-DMA after 8 months; what next?" was covered 9 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 240 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26370090</li><li>URL: https://chronographically.beamstart.com/news/layoffs-impact-infy-stock-sinks-17403886627511</li></ul>

Business Standard Logo Business Standard 9h ago

Layoffs impact: Infy stock sinks below 200-DMA after 8 months; what next? - Business Standard

Quick Summary:

Infosys share price outlook: Infy was seen testing the 200-DMA for the first-time since June 2024; technical chart hints at further 9% downside risk for the stock.

The overall bias for the stock is expected to remain negative as long as the stock trades below Rs 1,860.

On the downside, the stock can slide to Rs 1,600 levels, with near support for the stock seen at Rs 1,729 and far-off support at Rs 1,670.