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Infosys Cuts Sales Forecast as IT Spending Slows

Original: infy share price

Infosys has lowered its sales forecast, citing companies cutting back on IT spending, and the news has pushed its share price into the spotlight in India. Investors are watching how the reduced guidance will affect the stock and what it signals about demand for India's software services sector more broadly.

Why now: The revised revenue guidance directly affects investor sentiment and the company's share price.

InfosysInfosys share priceIndian IT sector

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Evidence

• Infosys Cuts Sales Forecast After Companies Curb IT Spending · NDTV

API: https://socialmediatrends-api.osmike.com/v1/trends/3695398