India's Nifty IT Index Plummets Amid Weak Earnings Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 12 2026
0mins
Source: Newsfilter
- Earnings Outlook Downgrade: India's Nifty IT index fell 3.6% on Tuesday, reaching its lowest level since May 2023, primarily due to fourth-quarter earnings and fiscal 2027 outlooks from top IT firms missing expectations, which undermined investor confidence.
- Demand Slowdown Concerns: Analysts noted that traditional IT services demand may be crowded out by surging global AI spending, with HSBC's warning intensifying market worries about the future growth of the IT sector.
- Market Reaction Evident: Shares of Indian IT companies, including Tata Consultancy Services (TCS), Infosys, HCL Technologies, and Wipro, fell between 2.5% and 4% on Tuesday, reflecting a pessimistic sentiment among investors regarding the industry's outlook.
- AI Impact Intensifies: OpenAI's announcement of launching a new company backed by over $4 billion to assist organizations in building and deploying AI has heightened concerns about AI-driven disruption, particularly in the data and professional services sectors.
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Analyst Views on INFY
Wall Street analysts forecast INFY stock price to rise
6 Analyst Rating
1 Buy
5 Hold
0 Sell
Hold
Current: 12.700
Low
17.00
Averages
18.95
High
22.80
Current: 12.700
Low
17.00
Averages
18.95
High
22.80
About INFY
Infosys Limited is an India-based company which provides digital services and consulting. The Company enables clients in approximately 63 countries to navigate their digital transformation powered by cloud and artificial intelligence (AI). Its segments include Financial Services; Retail; Communication; Energy, Utilities, Resources and Services; Manufacturing; Hi-Tech; Life Sciences, and All other segments. The Company's solutions have been primarily classified as digital and core. Its digital solutions include experience, insight, innovate, accelerate, and assure. Its experience solutions include Infosys Aster, Digital Marketing, Digital Commerce and Infosys Metaverse Foundry. Its insight solutions include Infosys Topaz, Infosys Generative AI Labs, Data Analytics and AI, Infosys Sustainability Services and Applied AI. Its core solutions include application management services, proprietary application development services, traditional enterprise application implementation and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- AI Experience Innovation: Infosys collaborates with Roland-Garros to introduce several AI-driven digital experiences, including the Rolly AI StatsBot, which provides real-time match data dating back to 2013, enhancing fans' understanding of match dynamics and improving their viewing experience.
- Humanoid Robot Rally: The newly launched Rally humanoid robot features enhanced audio and computer vision capabilities, allowing for personalized interactions with fans and providing real-time match insights, thereby elevating on-site engagement and showcasing Infosys's innovative prowess in AI applications.
- Real-Time Match Dynamics: The Momentum tool offers a visual representation of match progress, highlighting key moments and shifts in momentum, enabling fans to intuitively follow the rhythm of the game, which enhances the viewing experience and engagement.
- Social Responsibility Project: Infosys partners with Fête le mur to support tech-enabled learning initiatives for underprivileged youth in Paris, with 60 youths participating in AI and technology workshops, demonstrating the company's commitment to social responsibility while nurturing future digital skills talent.
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- Stock Options Contribution: The majority of Parekh's compensation, amounting to 507.5 million rupees, came from exercising stock options, reflecting the direct impact of the company's stock performance on executive pay.
- Industry Challenges: The Indian IT sector is facing slowing growth, particularly as AI-related disruptions prompt clients to rethink their tech spending, leading Infosys to forecast lower-than-expected revenue growth for fiscal 2027.
- Competitive Comparison: In comparison, TCS CEO K Krithivasan earned $2.96 million for fiscal 2026, highlighting the differences in executive compensation across the industry and underscoring Infosys's competitive pay structure.
See More
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- Partnership Extended to 2031: The partnership between Infosys and Roland-Garros will continue until 2031, indicating Infosys's commitment to driving sports innovation through advanced technology, further solidifying its leadership in the sports tech sector.
- Empowering Youth through Technology: Infosys collaborates with Fête le mur to provide 60 underprivileged youth with opportunities to visit Roland-Garros and participate in AI and technology workshops, aiming to enhance their digital skills and social impact.
- Real-Time Data Interaction: The newly launched AI platforms will offer spectators real-time match data and personalized interactions, helping them gain deeper insights into match dynamics, thereby enhancing the overall viewing experience and attracting a larger global audience.
See More
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- Partnership Extension: The two parties have announced an extension of their partnership until 2031, indicating a shared commitment to future digital innovations, which is anticipated to drive further integration in technology and market presence, enhancing brand influence.
- Educational Support Initiatives: Infosys is collaborating with Fête le mur to support 60 underprivileged youth in AI and technology workshops, aiming to promote social inclusion through digital skills training, thereby enhancing the company's image in social responsibility.
- Spectator Growth: In 2025, Roland-Garros attracted a record 687,249 spectators, and the introduction of new technologies is expected to further enhance the event's global appeal, solidifying its status as a major global sporting event.
See More
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- AI Experience Innovation: Infosys, in partnership with Roland-Garros, is launching several AI-driven digital experiences aimed at enhancing engagement for fans, coaches, and media, which is expected to significantly improve the viewing experience and participation in the tournament.
- Partnership Extended to 2031: The extension of their AI and digital innovation partnership through 2031 underscores a strong commitment to transforming tennis through advanced technology, further solidifying Infosys's leadership position in the sports tech sector.
- Youth Education Support: Infosys collaborates with Fête le mur to develop tennis-related learning modules, enabling 60 underprivileged youth to participate in AI and technology workshops, promoting digital skills and social impact.
- Audience Growth: In 2025, Roland-Garros attracted a record 687,249 spectators and was broadcast in 220 territories, reinforcing its status as a major global sporting event and enhancing Infosys's brand influence.
See More
Infosys Partners with Roland-Garros to Launch AI Experiences
- AI Experience Innovation: Infosys, in partnership with Roland-Garros, is launching several AI-driven digital experiences aimed at enhancing engagement for fans, coaches, and media, which is expected to significantly improve the viewing experience and participation in the tournament.
- Partnership Extended to 2031: The extension of their AI and digital innovation partnership through 2031 reaffirms their commitment to transforming the sport with advanced technology, further solidifying Infosys's leadership position in the sports tech sector.
- Youth Education Support: Infosys collaborates with Fête le mur to provide 60 underprivileged youth with opportunities to visit Roland-Garros and participate in AI technology workshops, aiming to promote social impact through digital skills training.
- Audience Growth: In 2025, Roland-Garros attracted a record 687,249 spectators and was broadcast in 220 territories, showcasing its global appeal and influence, which further enhances Infosys's brand exposure and market expansion.
See More
Infosys Partners with Roland-Garros to Launch AI Experiences
- AI Experience Innovation: Infosys collaborates with Roland-Garros to introduce several AI-driven digital experiences, including the Rolly AI StatsBot, which provides real-time match data dating back to 2013, enhancing fans' understanding of match dynamics and improving their viewing experience.
- Humanoid Robot Rally: The newly launched Rally humanoid robot features enhanced audio and computer vision capabilities, allowing for personalized interactions with fans and providing real-time match insights, thereby elevating on-site engagement and showcasing Infosys's innovative prowess in AI applications.
- Real-Time Match Dynamics: The Momentum tool offers a visual representation of match progress, highlighting key moments and shifts in momentum, enabling fans to intuitively follow the rhythm of the game, which enhances the viewing experience and engagement.
- Social Responsibility Project: Infosys partners with Fête le mur to support tech-enabled learning initiatives for underprivileged youth in Paris, with 60 youths participating in AI and technology workshops, demonstrating the company's commitment to social responsibility while nurturing future digital skills talent.
See More
Infosys CEO Salil Parekh's Pay Increases by 2.5% to $8.69 Million
- Salary Increase: Infosys CEO Salil Parekh's annual pay rose by 2.5% to 826 million rupees ($8.69 million) in fiscal year 2026, with a fixed salary of 79.7 million rupees and bonuses of 233.5 million rupees, indicating the company's recognition of his leadership.
- Stock Options Contribution: The majority of Parekh's compensation, amounting to 507.5 million rupees, came from exercising stock options, reflecting the direct impact of the company's stock performance on executive pay.
- Industry Challenges: The Indian IT sector is facing slowing growth, particularly as AI-related disruptions prompt clients to rethink their tech spending, leading Infosys to forecast lower-than-expected revenue growth for fiscal 2027.
- Competitive Comparison: In comparison, TCS CEO K Krithivasan earned $2.96 million for fiscal 2026, highlighting the differences in executive compensation across the industry and underscoring Infosys's competitive pay structure.
See More
Infosys Partners with Roland-Garros to Launch AI Experiences
- AI Experience Innovation: Infosys, in collaboration with Roland-Garros, introduces a series of AI-driven digital experiences aimed at enhancing interaction for 687,249 spectators, which is expected to significantly boost the event's appeal and audience engagement.
- Partnership Extended to 2031: The partnership between Infosys and Roland-Garros will continue until 2031, indicating Infosys's commitment to driving sports innovation through advanced technology, further solidifying its leadership in the sports tech sector.
- Empowering Youth through Technology: Infosys collaborates with Fête le mur to provide 60 underprivileged youth with opportunities to visit Roland-Garros and participate in AI and technology workshops, aiming to enhance their digital skills and social impact.
- Real-Time Data Interaction: The newly launched AI platforms will offer spectators real-time match data and personalized interactions, helping them gain deeper insights into match dynamics, thereby enhancing the overall viewing experience and attracting a larger global audience.
See More
Infosys Partners with Roland-Garros to Launch AI-Driven Fan Experiences
- AI-Driven Digital Experiences: Infosys, in partnership with Roland-Garros, is launching a new generation of AI-driven digital experiences aimed at enhancing fan engagement, utilizing real-time analytics and personalized services to deepen fan interaction with the matches, which is expected to significantly boost spectator satisfaction.
- Partnership Extension: The two parties have announced an extension of their partnership until 2031, indicating a shared commitment to future digital innovations, which is anticipated to drive further integration in technology and market presence, enhancing brand influence.
- Educational Support Initiatives: Infosys is collaborating with Fête le mur to support 60 underprivileged youth in AI and technology workshops, aiming to promote social inclusion through digital skills training, thereby enhancing the company's image in social responsibility.
- Spectator Growth: In 2025, Roland-Garros attracted a record 687,249 spectators, and the introduction of new technologies is expected to further enhance the event's global appeal, solidifying its status as a major global sporting event.
See More
Infosys Partners with Roland-Garros to Launch AI Experiences
- AI Experience Innovation: Infosys, in partnership with Roland-Garros, is launching several AI-driven digital experiences aimed at enhancing engagement for fans, coaches, and media, which is expected to significantly improve the viewing experience and participation in the tournament.
- Partnership Extended to 2031: The extension of their AI and digital innovation partnership through 2031 underscores a strong commitment to transforming tennis through advanced technology, further solidifying Infosys's leadership position in the sports tech sector.
- Youth Education Support: Infosys collaborates with Fête le mur to develop tennis-related learning modules, enabling 60 underprivileged youth to participate in AI and technology workshops, promoting digital skills and social impact.
- Audience Growth: In 2025, Roland-Garros attracted a record 687,249 spectators and was broadcast in 220 territories, reinforcing its status as a major global sporting event and enhancing Infosys's brand influence.
See More
Infosys Partners with Roland-Garros to Launch AI Experiences
- AI Experience Innovation: Infosys, in partnership with Roland-Garros, is launching several AI-driven digital experiences aimed at enhancing engagement for fans, coaches, and media, which is expected to significantly improve the viewing experience and participation in the tournament.
- Partnership Extended to 2031: The extension of their AI and digital innovation partnership through 2031 reaffirms their commitment to transforming the sport with advanced technology, further solidifying Infosys's leadership position in the sports tech sector.
- Youth Education Support: Infosys collaborates with Fête le mur to provide 60 underprivileged youth with opportunities to visit Roland-Garros and participate in AI technology workshops, aiming to promote social impact through digital skills training.
- Audience Growth: In 2025, Roland-Garros attracted a record 687,249 spectators and was broadcast in 220 territories, showcasing its global appeal and influence, which further enhances Infosys's brand exposure and market expansion.
See More
