INFY
Infosys Limited
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INFY News24 articles
Indian Markets Plunge as Crude Surge and Rupee Record Wipe Out $115 Billion
Indian shares suffered their worst session in six weeks, losing $115 billion in market value, as surging crude prices and a record-low rupee deepened macroeconomic concerns.
Indian Markets Extend Losses as Rupee Weakens to New Low
Indian stocks fell for a fourth session as the rupee hit a record low and crude oil surged above $106. Nifty 50 dropped 1.45%, Sensex lost 1.63%.
Indian Markets Plunge: Sensex Down 1,000 Points; Nifty Breaks 24,000
Indian shares tumbled on Friday with the Sensex falling over 1,000 points and the Nifty 50 slipping below 23,900, driven by rising oil prices and weak tech earnings.
Toyota Pullback, Meta Resilience, and Oil's Toll on India
Markets on April 23, 2026, saw Toyota Motor's stock reassessed after recent declines, while Meta's long-term growth story highlighted investor lessons. HSBC cut India to underweight amid soaring crude prices.
HCLTech Plunge Triggers IT Rout, Drags Sensex and Nifty Lower
Indian equity benchmarks snapped a three-day winning streak as HCLTech's disappointing growth forecast triggered a sharp selloff in IT stocks, with the Nifty 50 closing below 24,500.
Global Markets Rally on Geopolitical Easing and Commodity Surge
Global equities and commodities advanced sharply on April 16, 2026, driven by optimism over easing Middle East tensions and a weaker U.S. dollar. Cotton futures rallied over 90 points, while Hong Kong's Hang Seng TECH Index jumped nearly 3% and Indian benchmarks surged.
BASF, Evonik Show Undervaluation as Commodities React to Data
DCF analysis suggests BASF and Evonik Industries are trading at significant discounts to intrinsic value. Corn futures dipped despite strong exports, while cotton rallied. Indian equities opened higher on global cues.
Indian Equities Retreat on Geopolitical Tensions and Oil Price Surge
Indian benchmark indices fell sharply on Thursday, with the Sensex dropping 1.20%, as escalating oil prices and doubts over a U.S.-Iran ceasefire prompted a broad sell-off. Banking stocks were the hardest hit.
Indian Equities Retreat as Oil Surge Rekindles Macroeconomic Concerns
Indian stock benchmarks fell sharply on Thursday, with the Sensex dropping 1.51% and the Nifty 50 down 1.12%, as a rebound in oil prices revived fears over inflation and growth.
Indian Equities Climb on IT Rally Ahead of RBI Policy, Earnings
Indian benchmarks advanced Tuesday, with the Nifty 50 closing above 23,100, driven by a rally in IT stocks ahead of quarterly earnings and the RBI's policy decision.
Global Markets Rally on Geopolitical Ease; Microsoft, Marvell Gain on AI Bets
Global equities advanced Wednesday as signs of easing Middle East tensions spurred a risk-on rally. Microsoft gained on a major AI infrastructure investment, while Marvell Technology surged following a strategic partnership with Nvidia.
Indian Markets Begin Fiscal Year Under Pressure as Crude, Currency Weigh
Indian equities enter the new fiscal year under significant strain, with benchmarks recording their steepest annual declines since 2020. The rupee hit a historic low while Brent crude prices hovered near $115, exacerbating inflation and trade deficit concerns.
Indian Markets End Fiscal Year with Steep Losses as Oil, Rupee Weigh
Indian equities concluded their most challenging month since March 2020, with the Sensex and Nifty 50 tumbling over 11% in March. The rupee breached the 95-per-dollar threshold for the first time, while surging oil prices and sustained foreign outflows intensified market pressures.
Indian Markets Plunge on Geopolitical Fears, Oil Spike
Indian stock markets opened sharply lower on Monday, with the Sensex falling over 600 points, driven by escalating geopolitical tensions and a surge in Brent crude oil prices above $115 per barrel.
Indian Markets Rebound Sharply on Easing Oil Prices and IT Rally
Indian equity indices staged a strong recovery on March 20, 2026, with the Sensex jumping 891 points. The rally was fueled by falling crude oil prices and a surge in IT stocks.
Wipro Secures TruStage Contract Amid Growth Concerns
Wipro has landed a significant multi-year agreement with U.S.-based insurer TruStage to overhaul its retirement-services technology. The deal arrives as the IT services firm contends with a steep stock decline and contracting bookings.
Indian Equities Recover as Oil Retreat Spurs Broad Market Gains
Indian stock indices climbed on Tuesday, recovering from a steep selloff as declining oil prices eased inflation concerns. The Nifty 50 rose 0.97% and the Sensex gained 0.82%, with broad-based advances outside the IT and energy sectors.
Intel Stock Rises on Board Chair Transition and Infosys AI Alliance
Intel's stock climbed 4.6% to $45.08 following news of board chair Frank Yeary's planned retirement and an expanded AI collaboration with Infosys aimed at accelerating enterprise adoption.
Indian Markets Brace for Volatility Amid AI Fears, GDP Revision, and Shortened Week
Indian equities closed February with significant losses, led by a historic selloff in IT stocks due to AI earnings fears. A shortened trading week and revised GDP data add to market uncertainty.
Indian Markets Flat as AI Fears Drag IT Sector Lower
Indian benchmark indices opened with minimal movement on Wednesday, as declines in technology shares offset gains in metal and banking stocks. The IT sector faced pressure following the release of a new advanced AI model.
Nifty Edges Higher on IT Rebound, Earnings Recovery in Focus
Indian equity benchmarks advanced Tuesday, led by a rebound in IT shares following Infosys's AI partnership. Broader earnings momentum shows signs of stabilizing, with a 7.5% YoY profit growth for Nifty 50 companies.
Indian Equities Rally on Banking Gains; RBI Rules Pressure Brokerages
Indian benchmarks advanced with the Nifty 50 closing 0.8% higher, driven by banking and realty stocks. BSE shares tumbled nearly 10% following new RBI restrictions on broker funding.
Indian IT Sector Plunges on AI Disruption Fears and Rate Cut Doubts
India's Nifty IT index tumbled roughly 5% as major software exporters like TCS and Infosys slid, driven by investor anxiety over AI automation and a dimming outlook for near-term U.S. interest rate cuts.
Musgrave to Cut 82 Back-Office Jobs in Efficiency Drive, Partners with Infosys
Musgrave plans to eliminate up to 82 finance and HR positions across three Irish cities, transferring support functions to Infosys. The move follows rising costs and squeezed margins in Ireland's competitive grocery market.