Page 13 - Infosys

Infy, TCS, HCL Tech: Are IT stocks due for a rebound? Charts say this

IT stocks such as Infosys, TCS, HCL Technologies, LTIMindtree and others have declined up to 37 per cent from the December highs and look oversold on the daily chart; here are the key levels to track.

Stocks to Watch Today, March 17: IndusInd, NMDC, Muthoot Fin, Zydus Life

Stocks to Watch on Monday: Tata Communications, Signature Global, Power Grid, GR Infraprojects, Welspun Specialty, and Kolte Patil are among the top stocks to watch today, March 17, 2025

Mcap of 5 most valued firms declines by Rs 93K cr; Infosys, TCS hit hard

The combined market capitalisation of five of the top-10 most valued firms declined by Rs 93,357.52 crore, with IT giants Infosys and Tata Consultancy Services taking the biggest hit, in line with a weak trend in domestic equities. Last week, the BSE Sensex benchmark declined 503.67 points or 0.68 per cent, and the NSE Nifty fell 155.3 points or 0.69 per cent. The stock markets were closed on Friday on the occasion of Holi festival. Meanwhile, Infosys, Tata Consultancy Services (TCS), Hindustan Unilever, State Bank of India and Reliance Industries saw a decline in their market valuations. In contrast, ICICI Bank, HDFC Bank, ITC, Bajaj Finance and Bharti Airtel posted gains. The five firms together added Rs 49,833.62 crore in their market capitalisation. The market capitalisation (mcap) of Infosys dropped by Rs 44,226.62 crore to Rs 6,55,820.48 crore. The Mumbai-based TCS' valuation tumbled by Rs 35,800.98 crore to Rs 12,70,798.97 crore and slipped to the third place among the ...

Infosys to pay $17.5 million to settle data breach case in BPM unit

McCamish, bought by Infosys BPM in 2009, is a platform-based BPO firm that provides life insurance and retirement software solutions and service offerings in the US

Infosys to hold trainee assessment on March 18 after postponement

The company, in February, said the third attempt of the Generic FA2 assessment was being rescheduled to allow the employees more time to prepare

Ex-CEO's daughter Shruti Shibulal ups Infosys stake with ₹469 cr share buy

Co-founder and former CEO SD Shibulal's daughter Shruti Shibulal acquired 2.98 million shares at an average price of ₹1,574 per share

Nandan Nilekani's master key to help unlock India's $8 trillion future

Nilekani believes the combination of AI, smartphones will help unlock digital access, but challenges like income disparity remain; Nilekani's 'The Great Unlock' aims to overcome these barriers

Nifty IT at 9-month low; brokerages flag weak earnings outlook for sector

Among individual IT stocks, Infosys slipped over 5 per cent in intraday deals on Wednesday, after Morgan Stanley downgraded the stock to 'equal weight', and preferred TCS.

About 19% of AI use cases deliver business value, says Infosys report

The research also showed a strong link between AI success and the changes a business makes to its operating model and data structure

India must adopt frugal innovation in AI like DeepSeek: Mohandas Pai

Pai highlighted that Indian companies should focus on developing vertical large language models (LLMs) for domains like financial services, healthcare, and high-tech manufacturing

Nifty IT tanks 3%; Wipro, Infy slide up to 6% on Motilal Oswal downgrade

The Nifty IT index hit its lowest level since June 28, 2024, and has declined 17% thus far in the calendar year 2025, as compared to 5% decline in the Nifty 50.

US Recession? Nifty IT can tank another 10%; key levels on tech stocks here

IT stocks were seen trading in oversold zones at current levels; despite this technical charts suggest that Infosys, TCS, HCL Technologies and Tech Mahindra could slip up to 13% from here on.

'Secrecy around AI models limits innovation': Infosys co-founder Nilekani

Nilekani highlighted the need for high-quality datasets, especially in Indian languages, to support AI growth in India

Stocks to Watch: Indigo, Infosys, Blue Star, Biocon, Britannia, 63 Moons

Share market today: IndiGo Airlines has emerged as the world's second fastest-growing airline in terms of seat capacity, with a 10.1 per cent increase in 2024

Explained: Why Infosys, Cognizant are battling it out in a US court

Infosys and Cognizant are locked in a legal battle over trade secrets, anti-competitive practices, and executive poaching in healthcare IT. Here's a deep dive

Mysuru layoffs: NITES threatens protest; Infosys defends testing norms

Pune-based IT workers union NITES on Wednesday said it will not hesitate to start a protest along with trainees, who were laid off recently by Infosys, if the government does not take "appropriate" action. Infosys said that every trainee joins with full understanding that performance evaluations are key part of their progress, and asserted that all eligible trainees (over 98 per cent) have received their relieving letter upon separation, along with outplacement services, severance pay, counselling, among other measures. Nascent Information Technology Employees Senate (NITES) in a statement on Wednesday said, "...we will continue to stand with these employees until they receive the fairness and dignity they deserve. Today we are politely requesting the authorities for justice, but if the government will not take appropriate measures then NITES along with all the employees will not hesitate to start a massive protest outside Infosys campus." NITES emphasised it is imperative that ...

Down 15% from record high; Nifty IT, 5 tech shares can dip 15% more: charts

Technical outlook on Nifty IT, large-cap technology stocks: The IT index along-with Infosys, TCS, HCL Technologies, Tech Mahindra and Wipro look poised for further losses from present levels.

Infosys delays trainee assessment amid fresher layoffs at Mysuru campus

India's second-largest IT services company had onboarded about 1,000 engineering graduates in October. Trainees get three attempts to clear the assessment, failing which they are asked to leave

Layoffs impact: Infy stock sinks below 200-DMA after 8 months; what next?

Infosys share price outlook: Infy was seen testing the 200-DMA for the first-time since June 2024; technical chart hints at further 9% downside risk for the stock.

IT stocks: Nifty IT index slips over 2% on fears of slowing US economy

At 9:57 AM, the Nifty IT index was trading lower by 2.30 per cent, at 39,612. It touched an intra-day low of 39,465.75 during the session so far.