Eight of top 10 firms lose ₹2.28 lakh crore in mcap; HDFC Bank, Reliance biggest laggards

<ul><li>From the top-10 pack, Reliance Industries, HDFC Bank, ICICI Bank, Infosys, ITC, State Bank of India, Bharti Airtel and Bajaj Finance were the laggards while Tata Consultancy Services (TCS) and Hindustan Unilever were the gainers.</li></ul>

Infosys: Challenging times ahead in the near term, says Axis Securities; recommends 'sell'

Infosys sees challenges on the customer side due to adverse macroeconomic conditions. Decision-making is delayed in many industries, such as BFSI, retail, and Hi-tech, and these unfavourable conditions are likely to continue at least through the first half of FY24.

Infosys Founder Narayana Murthy: Lessons from a billion-dollar empire

<ul><li>The legacy of N.R. Narayana Murthy, chief Founder of Infosys, encompasses more than just corporate success. Discover the wisdom that has marked his journey and continues to inspire global leaders.</li></ul>

IT sector: Market underappreciating recovery, says GS; initiates coverage on six top stocks including TCS

Goldman Sachs believes that revenue growth for Indian IT companies may be muted in the near term due to macro concerns. However, the brokerage sees potential for recovery and upside from FY25 and has initiated coverage on six Indian IT stocks.

Infosys slumps 10% after company slashes its FY24 growth outlook; brokerages remain mixed on the stock post Q1

Following the company's Q1FY24 performance, Motilal Oswal maintained its 'buy' call on the stock with a TP of ₹1,600. Phillip Capital, on the other hand, revised its target price lower on the stock to ₹1,390 apiece from ₹1,580 earlier and downgraded its rating to neutral.

Sensex, Nifty decline in early trade; Tech Mahindra, Infosys among major laggards

<ul><li>The 30-share BSE Sensex fell 248.57 points to 62,990.32. The NSE Nifty declined 89.3 points to 18,681.95.</li></ul>

Midcaps or largecaps: Which ones do analysts suggest in IT in the current scenario?

stocks

Despite the overall weak sentiment in the IT space as well as a poor outlook ahead, especially in the near-term, mid-cap IT stocks have fared better than large-cap IT stocks. Let's see which ones analysts pick.

Infosys vs HCL Tech: Which IT major is a better long-term stock?

Most experts remain negative on the sector on the back of weakness in demand and poor overall industry growth outlook. Amid this backdrop, let's analyse, between Infosys and HCL Tech, which IT stock has better long-term growth opportunities.

Mcap of 6 of top-10 most valued firms climbs over ₹1.13 lakh crore; check how RIL, HUL, ITC and others performed

<ul><li>While Reliance Industries, Hindustan Unilever Limited, ITC, Infosys, HDFC and Bharti Airtel were the gainers, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank and State Bank of India faced erosion from their market valuations last week.</li></ul>

Infosys has the most attractive risk-reward in the IT space, says ICICI Securities

ICICI Securtities has retained its buy call on Infosys with a target price of ₹1,641, indicating an upside potential of almost 26 percent from its current market price of ₹1,305 (as on June 13, 2023).

Top Infosys News

markets

Eight of top 10 firms lose ₹2.28 lakh crore in mcap; HDFC Bank, Reliance biggest laggards

markets

Infosys: Challenging times ahead in the near term, says Axis Securities; recommends 'sell'

personal finance

Infosys Founder Narayana Murthy: Lessons from a billion-dollar empire

markets

IT sector: Market underappreciating recovery, says GS; initiates coverage on six top stocks including TCS