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
At the top of the list is Bharat Petroleum Corporation (BPCL), which offers the highest dividend yield of 7.5 per cent
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Infosys has lost over ₹2 lakh crore in market value this year and has slipped out of India’s top 10 most valuable companies. But this is bigger than one stock crash.
IT major elevates independent director to board role; also reclassifies Shreyas Shibulal and spouse as public shareholders following their request