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Stocks in news: TCS, Infosys, RIL, HDFC Bank, Waaree Renewable

Indian markets saw a positive trend on Thursday, marking a fifth consecutive day of gains. Supportive global sentiment fueled the rally. Key companies like TCS, Infosys, RIL, HDFC Bank, and Waaree Renewable are in focus due to recent developments. Investors are watching for updates from Reliance Industries' AGM and news…

The Economic Times

Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecast

Infosys and Wipro ADRs plunged following Accenture’s reduced FY26 revenue forecast. This downgrade highlights enterprise caution regarding discretionary IT spending, impacting Indian IT giants despite their AI investments and ongoing transformation projects, overshadowing recent cybersecurity acquisitions.

The Economic Times

Infosys, TCS, Wipro, other IT stocks fall up to 3% after Fed's hawkish tone. What's ahead?

Indian IT stocks, including Infosys and TCS, experienced a significant decline of up to 3% on Thursday. This downturn was triggered by a hawkish stance from the US Federal Reserve, which has increased expectations of a rate hike later this year. Concerns over reduced discretionary spending in North America, a…

The Economic Times

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Why did stock market rally today? Sensex jumps 736 points, Nifty closes above 23,850. 5 key factors behind bull run

Indian equities surged nearly 1% as bulls charged through Dalal Street, driven by an Iran-US peace framework and sliding oil prices. The Sensex and Nifty saw significant gains, adding over Rs 8 lakh crore to market capitalization. Broader markets also rallied, with Nifty Realty leading sectoral gains.

The Economic Times

Indian IT firms step up Europe expansion as growth outpaces North America

Indian IT firms are increasingly focusing on Europe for growth, with a significant rise in new delivery centres and strategic investments. This shift is driven by client cost pressures and a surge in AI adoption, creating substantial opportunities for localised solutions and modernisation projects across the continent.

The Economic Times

Stocks in news: Lenskart, GNG Electronics, Vedanta, Infosys, RIL

Markets closed lower on weekly expiry day amid weak global cues, with selling pressure on every rise. Block deals in GNG Electronics and Lenskart, Vedanta's demerger, Infosys's CMMI AIM Framework contribution, and RIL's interest in rare-earth minerals were key developments. Analysts eye 23,000 as a crucial support level.

The Economic Times

Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?

Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolonged higher interest rates. The selloff was compounded by lingering worries about AI-driven disruption and its potential impact on future technology spending and demand from key US clients.

The Economic Times

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Infosys-backed 4baseCare raises Rs 128 crore, plans to take its cancer testing platform global

Precision oncology startup 4baseCare has raised Rs 128 crore. This funding will expand its genomics labs globally and scale its AI platform, OncoTwin. The company aims to make precision oncology inclusive for under-represented populations. 4baseCare is also decentralising genomic testing infrastructure in India. This move brings advanced cancer diagnostics closer…

The Economic Times

Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?

Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, some analysts believe the sector is poised for recovery, arguing Gen-AI presents an opportunity rather than an existential threat. Valuations have become attractive, leading to upgrades for major…

The Economic Times

Infosys dividend alert! Last date to buy IT giant's shares to secure Rs 25/sh payout

Infosys has set June 10 as the record date to determine shareholder eligibility for its final dividend of Rs 25 per share. Since shares must be credited to investors' demat accounts by the record date under the T+1 settlement cycle, today is the last day to buy Infosys stock and…

The Economic Times

Infosys, Adani Enterprises, Trent among 44 stocks going ex-date this week. Do you own any?

Investors should watch out as 44 stocks including Infosys and Adani Group companies turn ex-date this week. Corporate actions like dividends, bonus issues, and stock splits are scheduled. Shareholders must hold shares by the record date to be eligible. This corporate activity presents opportunities for investors to track.

The Economic Times

F&O Talk: Nifty may consolidate further; Sudeep Shah's strategy on TCS, HDFC Bank, Infosys

Indian stock markets, Sensex and Nifty, closed lower following the RBI's hawkish stance, despite falling oil prices. Analyst Sudeep Shah anticipates a consolidation phase for Nifty, with key support at 23,100-23,050 and resistance at 23,550-23,600. Bank Nifty shows resilience, while IT stocks underperform.

The Economic Times

AI prescription: Infosys bags seven-year deal to upgrade Fortis-owner IHH's network

While IHH executives declined to reveal the value of the deal, IT industry experts said it could be worth a few hundred million dollars, depending on the scale of deployment and the length of the contract.

The Economic Times

IT stocks crash! Planning to buy the dip? Here's what analysts say

Indian IT shares saw a significant drop on Wednesday, wiping out recent gains. Analysts suggest this was largely due to profit booking after a rapid rise. They advise investors to be cautious, citing concerns about growth slowdown and AI's impact on traditional outsourcing. While some see long-term potential, short-term volatility…

The Economic Times

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AAP

Infosys and LTA Launch AI-Driven Match and Fan Experiences at the HSBC Championships, and Beyond

BENGALURU, India and LONDON, June 3, 2026 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in AI-first business consulting and technology services, today unveiled a new suite of AI-powered fan experiences in partnership with the Lawn Tennis Association (LTA), the governing body of tennis in Great…

The Economic Times

Broader markets crash! Physicswallah, Coforge, other small & midcap stocks tumble up to 6%. Do you own?

Indian smallcap and midcap stocks plummeted on Wednesday due to persistent FII selling, a weakening rupee, and global factors. IT stocks, which had surged previously, saw a sharp selloff, with major players like TCS and Infosys dropping significantly. Analysts point to energy shocks and current account deficit concerns impacting market…

The Economic Times

Wipro CEO Pallia takes home Rs 49.6 crore in FY26

Wipro CEO Srinivas Pallia's compensation decreased to $5.29 million in FY26, while executive chairman Rishad A Premji earned $773,213. The company's FY26 revenue saw a modest increase, with a focus on AI and strategic acquisitions to drive future growth amidst cautious client spending.

The Economic Times

TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?

IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-related disruption concerns, brokerages such as CLSA, Nuvama and Choice Institutional Equities remain optimistic, citing resilient earnings, strong order books and expanding enterprise AI opportunities.

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inkl

Best Legacy Software Modernization Companies by Use Case in 2026

Compare legacy software modernization companies by use case: AI readiness, zero-downtime migration, SaaS re-architecture, regulated systems, cloud modernization, and technical debt reduction.

The Economic Times

India leading the pack in AI adoption: Microsoft’s Puneet Chandok

India is leading Copilot's rapid adoption, with a 250% year-on-year growth in deployment. Major IT firms like Infosys, TCS, and Wipro are scaling licenses to over 100,000 employees each, signalling a shift towards AI as an operating model. Banking and manufacturing industries in India are also deploying agents in a…

The Economic Times

Oyo readies market debut; IT's comeback rally

Oyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.

The Economic Times

Market wrap: Sensex rises 383 points, Nifty closes near 23,500 as IT stocks shine

Indian stock market staged a sharp recovery, with Sensex and Nifty erasing morning losses to snap a four-session losing streak, led by a strong surge in IT stocks including heavyweight TCS, Infosys, HCL Tech and Tech Mahindra.

The Economic Times

“I can’t come back at 75”: As Nandan Nilekani turns 71, Infosys faces its biggest leadership question

Infosys chairman Nandan Nilekani is entering a crucial phase. He is focused on preparing the IT giant for a future beyond its founders. Shareholders are expected to approve his next term. Nilekani aims to build a professional model that outlives founders. He is also preparing Infosys for an AI-led world.…

The Economic Times

Infosys shares jump 6%, rally 10% in 3 days as IT stocks shine. More upside ahead?

Infosys shares have rallied sharply, rising nearly 10% in three days as investors reassess valuations following a steep AI-driven correction in IT stocks. Analysts see improving technical indicators and recovering sentiment, though they caution that a sustained uptrend will depend on stronger AI-led revenue growth, deal wins and broader sector…

The Economic Times

IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weakness

Indian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This rebound follows an earlier sell-off triggered by AI advancements, with investors now seeing value in the sector's potential to adapt and integrate new technologies.

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