The correction in the tech pack has been driven by mounting concerns among investors over the potential impact of AI on the sector's growth outlook
Anand James of Geojit Investments reckons that the momentum oscillators for Infosys are yet to show signs of full reversal, and flags key support for the stock around ₹1,340 levels.
Nandan Nilekani said that AI capability might race ahead of enterprise needs, creating both risks and opportunities for those who can execute effectively
At Infosys' Investor AI Day, Nandan Nilekani said AI's opportunity is larger than ever but enterprises face an execution gap, needing legacy overhaul, workforce reskilling and new operating models
Infosys on Tuesday announced a strategic collaboration with American artificial intelligence company Anthropic to develop and deploy advanced enterprise AI solutions for companies across telecommunications, financial services, manufacturing, and software development. The partnership will launch in telecommunication sector a dedicated Anthropic Center of Excellence to build and deploy AI agents tailored to industry-specific operations, before expanding into other regulated sectors, Infosys said in a statement. "The collaboration reflects a shared commitment to ensuring AI drives real transformational value, not just efficiency gains," it said. At the core of the collaboration is the integration of Anthropic's Claude models, including Claude Code, with Infosys Topaz AI offerings. The companies aim to help enterprises automate complex workflows, accelerate software delivery and adopt AI with governance and transparency suited to regulated environments. A key focus will be agentic AI -
Artifical Intelligence is rewriting the grammar of software development. And writing codes will no longer be the central role for tech professionals, Infosys co-founder Nandan Nilekani said Tuesday. AI, he said, is being adopted faster than any previous technological transition, from the internet to smartphones, and is poised to fundamentally reshape how businesses operate. "Talent will have to deal with a world where writing code will not be the goal. It'll actually be making AI work, orchestration, and those kinds of things," Nilekani said at Infosys' Investor Day. "Customer journeys, operating models, and mental models all have to change. Every enterprise must rethink how it operates." While coding may end, new jobs will be created. The talent transformation is huge, he said adding there will be a need for AI engineers, forward deployment engineers, forensic analysts - roles that didn't exist a few years ago. Greenfield coding productivity is not the real challenge. The real w
The correction in IT stocks has been driven by mounting concerns among investors over the potential impact of AI on the sector's growth outlook
Improved variable pay for December quarter follows steady revenue momentum and deal wins, lifting employee sentiment even as technology stocks face pressure over automation concerns
The Nasdaq IT services basket has corrected meaningfully, dragging Indian IT ADRs lower and triggering a risk-off sentiment that has spilled into domestic markets, said ICICI Securities.
Stocks to watch today, Friday, February 13, 2026: Market participants will keep an eye on SpiceJet, Coal India, Biocon, Infosys, Mishra Dhatu Nigam, Indraprastha Gas share prices today
Over the past two trading sessions, the Nifty IT index has declined 7 per cent, while losses over the last seven trading days stand at 14 per cent
Analysts at Geojit Investments and Choice Broking are bullish on Tech Mahindra stock, and view the current fall as a correction rather than trend reversal.
TCS, Wipro, Infosys, Coforge, Tech Mahindra, Persistent Systems, HCL Technologies, LTIMindtree and Mphasis were down in the range of 4 per cent to 5 per cent in intra-day trade on Thursday.
Cyient, Birlasoft, Cigniti Technologies, eClerx Services and Tata Technologies were down between 4 per cent and 6 per cent in Friday's intra-day trade.
ADRs of Wipro and Infosys fell by up to 3.3 per cent on Wednesday, extending losses after declining around 6 per cent amid rising concerns about the global tech sector
The Nifty IT index plummeted 5.9 per cent, the steepest intraday fall since April 7, 2025, with the fall led by Persistent Systems, LTIMindtree, and Infosys
Infosys will work with US-based Citizens to launch an AI-first innovation hub in Bengaluru to drive AI-led transformation across banking operations and services
Improved policy optics could encourage US enterprises to advance discretionary tech spending and GCC expansion, even though immediate revenue or margin acceleration for IT firms is unlikely.
The India-US trade deal, Antique believes, is significantly positive for Indian equities as FPI equity outflow of $34 billion since October 2024, the highest among emerging markets (EMs), may reverse
Budget 2026 has proposed a tax holiday till 2047 for IT companies providing cloud services using India-based data centres.