Infosys, Kotak Mahindra Bank, and YES Bank Among Stocks in Focus
· Business · Economic Times, LiveMint
Indian equity markets extended their losing streak for a fourth consecutive session as the Nifty fell 2.36% to close at 22,600 amid sustained foreign selling and high crude prices. Infosys, Kotak Mahindra Bank, YES Bank, Raymond, BPCL, Coforge, and Senco Gold are expected to draw heavy investor attention. Infosys reported a 6% year-on-year rise in consolidated net profit to ₹7,823 crore for Q2 FY27 while trimming its constant currency revenue growth guidance to 1–2%. Meanwhile, YES Bank announced it is evaluating a Supreme Court judgment regarding its Additional Tier 1 bonds and reviewing its coupon payment options. Market analysts note that the Nifty must hold above 22,800 to reverse the current downward momentum.
Why it matters
Corporate earnings updates from major firms like Infosys and regulatory developments at YES Bank dictate market direction as broader indices face persistent selling pressure.
Read the original report — Economic Times
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