Infosys Ltd News
Indian IT firms filed few PERM applications compared with US tech majors
Indian IT firms have sharply reduced PERM filings and expanded local hiring in the US, with analysts expecting a limited industry impact from the programme's suspension
 "Indian IT firms filed few PERM applications compared with US tech majors")
IT sector defies US green card suspension worries to rally 3%; here's why
IT stocks: All index constituents traded in the green, buoying the 10-stock Nifty IT 3.13 per cent to 28,604 during the intraday session.
 "IT sector defies US green card suspension worries to rally 3%; here's why")
Stocks to watch: TCS, Infosys, Wipro, Anand Rathi, KEC Int'l, NCC, BEML
Stocks to watch today: Anand Rathi, Canara Robeco, Can Fin Homes, and Poonawalla Fincorp are among the companies slated to post their Q2 results today.
 "Stocks to watch: TCS, Infosys, Wipro, Anand Rathi, KEC Int'l, NCC, BEML")
Markets tumble to 18-month low as US-Iran tensions lift crude oil
Nifty slides 1.64% as rising crude prices, higher US Treasury yields and geopolitical tensions trigger broad-based selling
 "Markets tumble to 18-month low as US-Iran tensions lift crude oil")
IT shares trade mixed post Accenture earnings; HCL Tech, Infy down up to 4%
IT shares: Analysts expect IT companies to witness moderate improvement in Q2FY27, as macro headwinds from the Middle East conflict continue to weigh on client spending and decision-making.
 "IT shares trade mixed post Accenture earnings; HCL Tech, Infy down up to 4%")
Indian IT companies acquire GCCs to boost revenue as growth falters
IT services firms are targeting GCCs for scale, steady revenue and domain expertise as weak organic growth and AI put pressure on traditional contracts
 "Indian IT companies acquire GCCs to boost revenue as growth falters")
Nifty IT defies market weakness, rises 2%; Mphasis, Coforge, TCS lead
The Nifty IT index advanced 2.1 per cent during intra-day deals, with nine out of ten constituent stocks of the index trading in the green.
 "Nifty IT defies market weakness, rises 2%; Mphasis, Coforge, TCS lead")
Stocks to watch: RIL, NSE, HDFC Bank, IRFC, Infosys, Cupid, Blue Dart, OMCs
Stocks to watch today: Reliance Industries, NSE, HDFC Bank, IRFC, Infosys, Cupid, Blue Dart, OMCs, STL Networks, RBL Bank, among others will be in focus today
 "Stocks to watch: RIL, NSE, HDFC Bank, IRFC, Infosys, Cupid, Blue Dart, OMCs")
Realty, pharma: Investors tap into domestic-economy focused sectors in H1
Going ahead, analysts suggest investors stick to domestic economy-focused sectors as the geopolitical situation still warrants caution.
 "Realty, pharma: Investors tap into domestic-economy focused sectors in H1")
Sensex, Nifty set to post worst 9-month show in 15 years
Earlier, in the first nine months of the calendar year 2011, the BSE Sensex and Nifty had plunged 19.8 per cent and 18.9 per cent, respectively.
 "Sensex, Nifty set to post worst 9-month show in 15 years")
Nifty 50 set to log worst September in 8 years as market sell-off deepens
The sell-off was driven by high US bond yields, a strong dollar, FPI outflows, crude oil concerns and weakening domestic growth signals.
 "Nifty 50 set to log worst September in 8 years as market sell-off deepens")
Nifty IT cracks 11% in Sept; Infy, Wipro, Tata Elxsi trade at 52-week lows
The Nifty IT index has underperformed in September, falling over 11%, as against a 6% decline in the Nifty 50.
 "Nifty IT cracks 11% in Sept; Infy, Wipro, Tata Elxsi trade at 52-week lows")
₹31 trn wiped out; nearly 40% of Nifty stocks down over 20% from 52-wk high
18 of the 50 Nifty stocks are trading more than 20 per cent below their respective 52-week highs, with a market cap erosion of ₹31.35 lakh crore in the same period.
 "₹31 trn wiped out; nearly 40% of Nifty stocks down over 20% from 52-wk high")
Nifty's 6-week losing run: 9 stocks fall 10-14%; 6 defy trend, add ₹73K cr
Bogged down by crude oil prices trading above $100, the Nifty 50 index has lost 5 per cent during the six-week selloff, which is also its longest since 2020.
 "Nifty's 6-week losing run: 9 stocks fall 10-14%; 6 defy trend, add ₹73K cr")
Infosys, TCS to HCL Tech: AI slowdown calls send Nifty IT pack 5% higher
Indian IT stocks have been one of the biggest casualties of AI boom, having lost 21 per cent on a year-to-date basis.
 "Infosys, TCS to HCL Tech: AI slowdown calls send Nifty IT pack 5% higher")
Nifty IT tumbles 4% as Coforge, US Fed rate hike fears trigger sell-off
n the IT basket, stocks registered declines in the range of 5-9 per cent. Based on the day's low, Coforge emerged as the biggest loser with an 8.7 per cent fall.
 "Nifty IT tumbles 4% as Coforge, US Fed rate hike fears trigger sell-off")
Nifty IT tumbles 3% as Fed rate hike bets rise; Infosys leads losses
In the IT basket, stocks registered declines in the range of 2-4 per cent. Infosys emerged as the biggest loser with a 3.8 per cent fall.
 "Nifty IT tumbles 3% as Fed rate hike bets rise; Infosys leads losses")
Nifty IT index soars 3%; LTM, Coforge, TCS, TechM gain up to 5%; here's why
IT stocks rallied on Friday after Nvidia's strong revenue forecast reinforced optimism around the artificial intelligence (AI) boom.
 "Nifty IT index soars 3%; LTM, Coforge, TCS, TechM gain up to 5%; here's why")
Indian IT firms have reduced dependency on H-1B visa, says Nasscom
Industry body says Indian IT firms have stepped up local hiring and invested over $1.1 billion in strengthening the US STEM pipeline amid proposed higher visa fees
 "Indian IT firms have reduced dependency on H-1B visa, says Nasscom")
Infosys gives 70% variable pay for Q1 amid challenging demand environment
The average variable payout remained unchanged from the fourth quarter but was lower than the 80 per cent paid for the same period last year amid macroeconomic volatility
 "Infosys gives 70% variable pay for Q1 amid challenging demand environment")