Infosys share price: Large-cap IT stock Infosys is a great illustration of the power of long-term investing. A modest ₹1 lakh investment at Infosys’ listing in June 1993, when the shares were priced at ₹145 would have turned to ₹16.7 crore today. The IT stock was listed at ₹145, which means a ₹1 lakh investment…
Infosys’ AI deal creates stir in the market, brokerage gives big target with ‘Buy’ rating There was a lot of fear in the stock market regarding the IT sector for the last few days. Many people were saying that with the advent of Artificial Intelligence (AI), the work of IT companies will end. But the…
IT stocks: The sentiment around IT stocks seems to be shifting, as visible in the over 1% jump in the technology gauge of the Indian stock market. The Nifty IT index extended its rebound on Tuesday, February 17, showing early signs of a trend reversal after last week’s sharp selloff. Investors bought the dip following…
Under this partnership, Anthropic’s Claude models, including Claude Code, will be integrated with Infosys’ Topaz AI platform. It aims to automate complex workflows, accelerate software delivery, and help drive AI adoption with the governance and transparency required in a regulated industry. Source
IT Stocks: In the last one month, the IT sector has given investors sleepless nights. Many big IT stocks of the country have fallen by 15-20%. However, amid all this, on Tuesday Infosys announced a strategic partnership with AI research company Anthropic, after which the stock rose by about 3%. It is noteworthy that this…
The bloodbath in IT stocks showed signs of easing as the gauge tracking Indian tech companies extended gains on Tuesday, February 17, amid low-level buying. Several bullish investors are now using the recent tech rout — which wiped out ₹4.85 lakh crore in market capitalization of Nifty IT firms since Anthropic’s February 3 announcement —…
Stocks to buy: Indian IT stocks including Infosys, TCS, HCL Tech, and others recovered on Tuesday, February 17 with the Nifty IT index gaining over 2% in intra-day deals on profit booking. The IT space has been under pressure recently on concerns that artificial intelligence (AI) will disrupt the sector, increasing competitive pressure within the…
Infosys share price rose nearly 3% on Tuesday, February 17, following the announcement of a strategic partnership with Anthropic, an AI safety and research organization, to create and implement advanced enterprise AI solutions for businesses in telecommunications, financial services, manufacturing, and software development. According to a filing made by the company to the exchange, the…
Indian IT stocks have been under sustained pressure for the past four sessions, dragging benchmark indices lower amid concerns that artificial intelligence (AI) is likely to disrupt the labour-intensive domestic tech sector. The Nifty IT index plunged almost 1% on Monday, February 16, taking its four-day selloff to 9.4%. On a month-to-date basis, the index…
Infosys share price remained lower for the fourth straight session on Monday, February 16, closing with a modest decline of 0.26% at ₹1,365.90 apiece, taking its four-day cumulative losses to 9%. The recent fall has driven Infosys share price 17% lower in February so far, marking its biggest monthly drop since April 2022, and has…
