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INFY News30 articles
Infosys stock plunge drives Nifty IT index to 3-week low
Infosys shares fell 3.39% Tuesday, contributing about 40% of Nifty IT's 2.23% drop, as weak demand and Accenture's outlook drag the index down 13% in three weeks.
Markets
Infosys Stock Faces Pressure After Accenture Downgrade Triggers IT Selloff
Infosys shares plunged 6.75% as Accenture's reduced fiscal 2026 growth forecast triggered a sector-wide selloff, pushing Nifty IT to a three-year low. Investors are reassessing Indian IT stocks ahead of Infosys' July 23 earnings.
Markets
Bull Market at Crossroads as S&P 500 Valuations Near Dot-Com Peaks
The S&P 500's Shiller P/E ratio has hit 42.84, near dot-com bubble highs, signaling the Trump bull market may be approaching a tipping point.
Markets
Infosys Leads IT Rout After Accenture Cuts Forecast
Infosys dropped 6.5% after Accenture trimmed its fiscal 2026 revenue-growth outlook, dragging the Nifty IT to a three-year low as demand concerns mount.
Markets
Accenture's Slashed Outlook Sinks IT Services Stocks
Accenture shares plunged 18% after cutting its fiscal 2026 sales growth outlook to 3-4%, triggering broad declines in IT services stocks and raising concerns over AI-driven growth.
Earnings
IBM Shares Slide on Accenture's Weak Forecast and AI Control Fears
IBM dropped 6.9% after Accenture's weak sales outlook and an IBM study flagged AI control concerns, fueling fears of slower enterprise AI spending.
Technology
Accenture Stock Dips on Weak Outlook Despite $4.18B Cybersecurity Investment
Accenture slashed its full-year revenue growth forecast and issued weak Q4 guidance, sending shares lower premarket despite a $4.18 billion cybersecurity acquisition announcement.
Earnings
Accenture Shares Slide Ahead of Q3 Earnings Amid AI Deals and Market Headwinds
Accenture shares dropped 4.7% to $178.25 ahead of its June 18 earnings call, as AI deals and a Japan partnership compete with market losses and tech spending concerns.
Earnings
IT Stocks Drive Nifty Recovery Despite Oil Surge and Foreign Selling
Indian shares rebounded on Tuesday as IT stocks surged, offsetting oil price gains and foreign outflows. Nifty 50 rose 0.18% to 23,425.40. Infosys, TCS led gains.
Markets
Navitas Stock Rally Faces Dilution Threat as SPAC-Earnout Shares Vest
Navitas shares jumped 9.4% premarket Tuesday as the company issued over 3.2 million earnout shares from its SPAC merger, raising dilution concerns.
Technology
Indian Equities Stalled by Renewed U.S.-Iran Tensions; Oil Price Surge Hits Rupee
Nifty 50 traded flat at 24,021.95 as new U.S. strikes in Iran offset peace optimism. Brent crude rose over 2%, pressuring the rupee. Mid- and small-caps outperformed.
Markets
Indian Markets Edge Higher as Banking Gains Counter Oil and Rupee Risks
Indian shares rose Friday, led by private banks, as the Nifty 50 gained 0.69% to 23,818.25. Gains were capped by high oil prices and a weak rupee.
Markets
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.
Markets
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%.
Markets
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.
Markets
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.
Markets
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.
Markets
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.
Markets
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.
Markets
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.
Markets
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.
Markets
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.
Markets
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.
Markets
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.
Markets
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.
Markets
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.
Markets
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.
Markets
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.
Technology
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.
Markets
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.
Technology