All eyes on Nifty weather will breach the historical 20,000-mark on Friday. Gift Nifty qt 19,875 signals a flat opening for Nifty as Nifty July futures closed at 19,970. According to market experts, Infosys results, which did not receive a good response from investors, may pull down the company’s stock and overall IT sector. In fact, Infy ADR at Nasdaq slipped nearly 9 per cent on Thursday, after its results announcement that revised the growth estimates downwards. After Infosys, investors will focus on Reliance Industries, index weight, that set to announce results today.

Source: The Hindu July 21, 2023 08:47 UTC