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Infosys and TCS plunge again as investors fear AI disruption and weak client spending

Infosys and TCS plunge again as investors fear AI disruption and weak client spending

Indian IT stocks extended losses for a fourth straight session as investors reduced exposure amid softer growth visibility, muted client spending and fresh fears of AI-driven disruption. The Nifty IT index slid sharply, dragging major players like Infosys and Tata Consultancy Services lower on cautious guidance and deflationary pressure.

Summarised by Beize from a story on The Economic Times on 14 May 2026
IT stocks tumble as OpenAI bets big on AI adoption upending software business models

IT stocks tumble as OpenAI bets big on AI adoption upending software business models

Indian IT shares fell sharply on Tuesday, dragging the Nifty IT index down 3.7% to a three-year low. The selloff followed reports of OpenAI making a major push to speed AI adoption, fueling fears that the move could disrupt traditional software services business models and margins for established players.

Summarised by Beize from a story on The Economic Times on 13 May 2026

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Largecap IT as value play gets a reality check as BNP Paribas flags AI and earnings risks

Largecap IT as value play gets a reality check as BNP Paribas flags AI and earnings risks

BNP Paribas analyst Kumar Rakesh warns that the IT sector’s “value” narrative may be overstated. He points to weak FY27 guidance, AI-driven disruption, and stalled client spending as key headwinds. Buybacks and dividends can cushion sentiment, but elevated earnings risks mean investors may need to be far more selective when picking largecap IT stocks.

Summarised by Beize from a story on The Economic Times on 2 May 2026
India Inc profits surge double digits in Q4 as Reliance slips and other firms take over

India Inc profits surge double digits in Q4 as Reliance slips and other firms take over

Corporate earnings for India Inc in the March 2026 quarter rose in double digits, with banking and finance companies leading the boost. While Reliance Industries reported a profit decline, gains across other sectors more than offset it. Revenue growth climbed to its strongest level in seven quarters, and IT firms also delivered sharp profit increases. More results are expected soon.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026
Nifty IT tanks 10 percent in a week as earnings disappoint and FIIs exit

Nifty IT tanks 10 percent in a week as earnings disappoint and FIIs exit

India’s Nifty IT index slid about 10% in a single week, its worst stretch since March 2020, as weak Q4 earnings and cautious guidance spooked investors. Heavy selling accelerated amid FIIs reducing exposure and deteriorating technical indicators. While some investors see value in mid-cap IT names over the long run, analysts warn downside risk may persist.

Summarised by Beize from a story on The Economic Times on 25 Apr 2026
Indian markets tumble as elusive US Iran truce fades and oil spikes

Indian markets tumble as elusive US Iran truce fades and oil spikes

Indian equities ended the week lower as hopes for an elusive US-Iran truce faded, denting risk sentiment. Crude oil surged, adding pressure across the board. IT stocks also struggled after several companies reported earnings below expectations. Foreign portfolio investors were net sellers, prompting analysts to urge patience and gradual positioning.

Summarised by Beize from a story on The Economic Times on 25 Apr 2026

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GIFT Nifty rallies 110 points as Iran US peace hopes spark a 24K comeback

GIFT Nifty rallies 110 points as Iran US peace hopes spark a 24K comeback

GIFT Nifty jumped about 110 points on renewed Iran US peace talk hopes, lifting market sentiment after recent weakness. Traders are now watching whether positive global cues can help Nifty 50 reclaim 24,000 on Monday, despite ongoing pressure from IT-led selling that has contributed to the pullback.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
IT majors shares slide as profits beat but revenue misses cloud outlook

IT majors shares slide as profits beat but revenue misses cloud outlook

Indian IT stocks fell after mixed quarterly results from big names. TCS showed profit growth but annual revenue declined, while Infosys posted a profit that topped estimates yet missed revenue expectations. With both companies signaling weaker future growth, investors trimmed positions, sending shares lower despite earnings that initially looked resilient.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Infosys drops as Adani Energy climbs in Friday’s sharp market reversals

Infosys drops as Adani Energy climbs in Friday’s sharp market reversals

Friday trading saw a sharp dip in Indian indices as heavy IT selling pulled down the BSE Sensex and Nifty 50. Infosys was among the notable losers, while select stocks such as Himadri Speciality Chemical and Adani Energy Solutions rose on the back of earnings and fresh momentum, highlighting a split market mood.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Kaynes Technology Swiggy SpiceJet among sharp movers as markets slide for second straight day

Kaynes Technology Swiggy SpiceJet among sharp movers as markets slide for second straight day

Markets fell for a second consecutive day as sharp price swings hit several high-attention names including Kaynes Technology, Swiggy, SpiceJet and Coforge. Selling pressure in IT and auto-linked stocks pulled headline indices lower, amplifying volatility across the session and keeping investors focused on the week’s next catalysts.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Markets end higher as Ola Electric slips and IDBI Bank tumbles on worries

Markets end higher as Ola Electric slips and IDBI Bank tumbles on worries

Indian markets finished higher on Tuesday, lifted by strength in banks, auto and metals. Lloyds Metals jumped on expansion plans, but Ola Electric and IDBI Bank fell after brokerage cuts and divestment concerns. IT stocks remained weak as investors refreshed fears of AI-led disruption, keeping sentiment cautious even with the overall index up.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Markets End Second Straight Day Red as IT Stocks Weigh Down Gainers and Losers

Markets End Second Straight Day Red as IT Stocks Weigh Down Gainers and Losers

Indian benchmark indices slipped again for the second straight session, ending in the red amid choppy trade. High volatility shaped the day’s moves, with IT stocks emerging as the main drag on sentiment. Against this backdrop, investors tracked major gainers and losers including Adani Power and Mphasis as the market tried to find direction.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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