ETFs & MarketsPremiumHSBC Downgrades Infosys on Client Losses, Raising Questions for Indian Tech ETFs
HSBC has downgraded its stock rating for Infosys, a major Indian IT services firm, citing a guidance cut following reported client losses. This analyst action could exert immediate pressure on Infosys shares and sets up a re-evaluation for exchange-traded funds (ETFs) with significant exposure to the Indian technology sector.
Published 1 hour ago
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