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Infosys Share Price Live Updates: Infosys experiences a decline below its 20-day Simple Moving Average

Infosys Share Price Live Updates: Infosys experiences a decline below its 20-day Simple Moving Average

Infosys share price is currently trading at Rs. 1,455.00, down by 1.54% from its previous close. The stock has been under pressure due to weak guidance for the current quarter.

The company has reported a 17.5% increase in net profit for the quarter ended December 31, 2021, but guidance for the current quarter was below expectations.

The stock is currently trading below its 50-day and 200-day moving averages, indicating a bearish trend.

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