Infosys reported a 12% YoY drop in Q4 net profit and missed revenue estimates. The company in its guidance has projected revenue growth of 0%–3% in constant currency and an operating margin of 20%–22% for FY26.Brokerages like Nuvama and Emkay cut FY26-27 EPS and target prices but maintained ‘Buy’ ratings, citing deal wins and cautious growth guidance.
South Korean shares hit record as chipmakers surge on OpenAI deal
South Korean shares soared to a record high on Thursday, driven by a significant surge in chipmakers Samsung Electronics and SK Hynix. Both companies secured