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AKANSHA JAIN

8th Jun · SEBI-Registered Analyst

$INFY

$INFY US market weakness may put pressure on Infosys and other IT stocks on Monday morning. A sharp fall in Nasdaq and weakness across global technology shares could impact sentiment in export-oriented Indian IT companies at the opening bell. Traders may watch whether Infosys holds near key support zones as global risk-off sentiment could trigger profit booking in large-cap tech names. Currency movement and US economic concerns are also likely to remain major factors for short-term price action. However, long-term fundamentals for Infosys remain strong due to its global client base, digital transformation demand, and consistent cash flow generation. Monday’s session could remain volatile, especially for technology stocks reacting to overnight US market pressure.

#FundamentalViews#StockInNews#Miscellaneous
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