Infosys

The Nifty IT currently quotes around 20 per cent below its 200-DMA. TCS, Infosys, Wipro and HCL Technologies are down in the range of 21-26 per cent form respective 200-DMAs.

In the past 20 trading days, the Nifty IT index tanked 17 per cent, as against a 2.2 per cent rise in the Nifty 50 till Wednesday.

Analysts expect another subdued quarter for IT services companies as macroeconomic uncertainty, delayed deal conversions and AI-led pricing pressures weigh on growth and margins

As per data, the Nifty IT Index has corrected nearly 42 per cent from its all-time high of 46,089, recorded in December 2024, and is now trading close to its April 2023 lows.

The telecom major added ₹7.64 trn in value over 5 years, while TCS, Infosys and Wipro together lost ₹8.5 trn, according to the Burgundy Private Hurun India 500 report

How India's IT giants became its biggest value destroyers

Private banking and select IT stocks led market pullback on Wednesday as lower oil prices, and hopes of India-US trade deal lifted sentiment.

Stocks to Watch today: IRFC, Yes Bank, Ola Electric, Bajaj Auto, Infosys, Tech Mahindra, City Union Bank, Rajesh Exports, PFC, Honasa Consumer are among other stocks that will be in focus today.

Nandan Nilekani says Infosys' role in the AI era is helping enterprises bridge the gap between AI investments and real business outcomes

Nilekani said Infosys is more relevant than ever before and is well-positioned for the decade ahead as artificial intelligence reshapes industries and businesses

In the past three weeks, the Nifty IT index tanked 13 per cent, as against 2 per cent rise in the Nifty 50.

Indian IT stocks fell on Friday as Accenture narrowed its annual revenue growth forecast and issued weaker-than-expected fourth-quarter guidance, despite steady quarterly earnings.

Stocks to Watch today, June 19, 2026: Bharat Forge, Tata Motors, Jubilant Pharmova, Amber Enterprises and Mahindra Lifespace Developers are among the top stocks to remain in focus today

Fed decision, weak US cues: At 10:18 AM on Thursday, the Nifty IT index was the top sectoral loser, down 1 per cent, as against a 0.10 per cent rise in the Nifty 50.

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.52 per cent and 0.79 per cent higher, respectively

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