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
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.
Budget 2026 has proposed a tax holiday till 2047 for IT companies providing cloud services using India-based data centres.
The new campus will create over 1,600 new jobs and will serve as a strategic hub supporting clients across industries in Brazil and Latin America
Analysts anticipate a stronger growth recovery for IT sector in FY27 compared to FY26, driven by an improvement in demand, more stable macro conditions, increased budgetary spending and deal ramp-ups.
Kunal Kamble, technical analyst at Bonanza decodes trading strategies in IT stocks - Infosys, TCS, HCL Technologies, L&T Technology Services and Tata Elxsi post Q3 earnings. Here's what expert says.
Tata Consultancy Services, the IT arm of the Tata Group, has announced an interim dividend as well as a special dividend for its shareholders
TCS CEO K Krithivasan talks about his vision of AI-first TCS and shift in its strategy towards acquisition
TCS Q3 results impact: The common thread across analysts is that while Q3 execution remains strong and margins resilient, clear visibility on broad-based demand acceleration is still missing.
TCS, for the first time, disclosed revenue from AI. Annualised AI revenue grew 17.3 per cent sequentially to $1.8 billion
Stocks to watch on January 13, 2026: Stocks like TCS, HCL Technologies, Anand Rathi Wealth, Biocon and NBCC will remain in focus today
Q3 performance revenue growth beats estimates
TCS' voluntary attrition for the quarter stood at 13.5 per cent, slightly higher than 13.3 per cent in the preceding quarter
Statutory impact of new labour codes, AI-led restructuring costs and a large legal provision weighed on TCS's Q3 FY26 profitability
TCS Q3FY26 results: Revenue from operations grew 4.9 per cent at ₹67,087 crore year-on-year (Y-o-Y) from ₹63,973 crore in Q3FY25. Sequentially, revenue was up 2 per cent ₹65,799 crore
Investors looking to benefit from these corporate actions are required to own the shares on or before the ex-date
Analysts said key factors to watch will include TCS's measures underway to accelerate revenue growth, deal pipeline, and overview of client budgets and progress on planned data centre investments
Since October 2025, IT index has rallied 17 per cent, as compared to 6 per cent rise in the Nifty 50.
At the core of TCS's vision is a five-pillar framework designed to reorient the company from a digital-first services model to AI-centric enterprise transformation.