Infosys

Analysts attributed the sustained weakness in the Nifty IT index to broad-based pressure in global technology stocks, cautious sentiment over slower US tech spending, and rising geopolitical tensions

Hitesh Rathi, technical analyst at Angel One says that IT stocks continue to trade with a negative bias on the charts, and are prone to further fall if they dip below the crucial support zones.

Thus far in the calendar year 2026, the market price of TCS tanked 33 per cent, as compared to 11.5 per cent fall in the Nifty 50.

Dividend stocks next week: Tata Steel, Adani Total Gas, ACC, Ambuja Cements, Tata Steel, and Tata Motors CV are among the key stocks set to trade ex-dividend between June 8-12, 2026

The workforce change reflects how India's IT services sector has moved up the value chain, with firms relying more on experienced talent for digital and AI-led client work

IT stocks witnessed heavy selling pressure on Wednesday tracking overnight losses in technology shares in the US market. Indian ADRs cracked up to 8%.

Stocks to Watch today, June 3: Infosys, Alkem Labs, Paytm among others in focus; here's why

In the past three sessions, the Nifty IT index has climbed as much as 6 per cent, while the Nifty index has declined 2.50 per cent.

Infosys CEO Salil Parekh's pay rose 2.5% to ₹82.6 crore in FY26 as the company sharpened its focus on enterprise AI adoption

Today's sharp outperformance in the IT sector was driven by overnight rally in tech stocks on the Wall Street and company-speciific developments back home.

Coal India's Rs 5,080-crore OFS drew strong institutional demand, Pushp Brand filed draft IPO papers with Sebi, and Adani Power overtook Infosys in market value

Adani Energy Solutions, Adani Total Gas and Adani Green Energy were up in the range of 4-7% on the BSE in Wednesday's intra-day trade.

Indian IT stocks have fallen up to 34 per cent in 2026 as AI disrupted outsourcing model. Analysts remain cautious on FY27 outlook. They prefer TCS, Infosys, HCLTech, Coforge

Within the sector, JM Financial sees mid-tier IT companies outperforming large-caps and has identified Infosys among the top-six players, Mphasis in the mid-tier space, and Sagility among business pr

Prashanth Tapse of Mehta Equities said that while IT stocks have seen some improvement in price, the broader fundamentals of the sector remain challenging due to relatively subdued growth expectations

The Nifty IT index has corrected 27 per cent on a Y-T-D basis, in comparison, the Nifty 50 index has declined 9.5 per cent in the same period.

In 2026 so far, TCS, Infosys, HCL Tech, Tech Mahindra, and Wipro have declined in the range of 17 per cent to 33 per cent. In comparison, the Nifty 50 index has dived 10 per cent, data showed.

Indian IT stocks fell sharply after OpenAI's acquisition of consulting firm Tomoro intensified concerns over AI-led disruption to traditional IT services models

Nifty IT index has fallen nearly 25 per cent year-to-date, compared with an 8.85 per cent decline in the benchmark Nifty50

Economic uncertainty, slower growth and pressure on margins are prompting IT services firms to delay salary hikes and offer lower increments, impacting employee morale across the sector