None
EN
Infosys Stock Update: Share Price Edges Lower Amid Institutional Stake Trim
['Equity Desk']
Latest News | Breaking News LIVE | Today’s Headlines | Current Affairs | Information From India & Around The World at Latestly.com
Infosys (NSE: INFY) is witnessing a slight dip in early intraday trade, with the stock currently trading at ₹1,187.50.
The IT bellwether opened the session at ₹1,185.60, touching an intraday high of ₹1,189.00 and a low of ₹1,183.00.
Trading volumes remain subdued at 556,704 shares, indicating a lack of strong conviction from either buyers or sellers in the current session.
Latest DevelopmentsThe mild downward pressure on Infosys shares appears to be influenced by a combination of recent institutional activity and prevailing sector-specific concerns.
This institutional stake reduction, reported on August 11, occurred as the Infosys stock itself declined by 20.01% in that period, potentially weighing on current investor sentiment.