Infosys reported a 12% YoY drop in Q4 profit to Rs 7,033 crore, with revenue rising 8% but declining 3.5% QoQ in constant currency. FY26 guidance was muted at 0–3% growth. Brokerages maintained cautious stances, citing macro uncertainty and delayed deal conversions, though free cash flow hit record levels, and margins improved marginally.
Oil prices fall 1% as investors weigh pause in US strikes on Iran
Oil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Middle East energy