Infosys hits two-year low as IT pack snaps Indian markets’ nine-day winning streak

NEW DELHI: Shares of Infosys plunged to a fresh 2-year low after the IT giant’s March-ending quarter (Q4FY23) earning missed the street estimate by a noticeable margin. The stock on Monday touched a two-year low of Rs 1,219 before witnessing a minor recovery to close 9.40% lower at Rs 1,258.10 over its previous close of Rs 1,388.60.