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IT Stocks Today: Infosys, TCS, HCLTech, Wipro Sell-Off Deepens; F&O Data Shows Surge In Bearish Positions
Infosys recorded the sharpest build-up in positions. Open interest more than doubled even as the stock extended losses, showing traders continued to add exposure on the downside.
IT stocks led by TCS, Infosys fall up to 7% as profit booking sets in after relief rally
The US-listed shares of both Infosys and Wipro declined between 2.5% to 8% during the overnight trading session on Wall Street, after having gained between 10% to 20% very recently.
Wipro CEO Srinivas Pallia Earns Rs 50 Crore In FY26; Rishad Premji's Pay Drops Nearly 50%
Pallia's remuneration fell 7.4% to Rs 49.6 crore in FY26, while Executive Chairman Rishad Premji's pay dropped 47% to Rs 7.3 crore.
Wipro Share Price Live Updates: Wipro's low beta signals investor confidence
TCS, Infosys, Wipro double Copilot AI licences for employees within six months
While the pace of adoption of its virtual intelligent assistant is great news for Microsoft, it also poses questions about the current billing model of India’s IT $315-billion outsourcing industry as well as its hiring practices.
Where will Wipro stock be in three years?
As structural shifts and AI fears drag down returns, any future rebound for the IT stalwart hinges on reviving stagnant revenues and riding the AI wave.
Infosys, Wipro ADRs Bleed Up To 8% After US-Listed Software Stocks Plunge On Brokerages' AI Alarm
Accenture, Cognizant and Gartner were among the top Wall Street drags, as fresh warning on AI disruption triggered a sell-off.
Wipro Ltd gains for third straight session
Wipro Ltd is quoting at Rs 209.01, up 1.26% on the day as on 12:49 IST on the NSE. The stock is down 15.11% in last one year as compared to a 4.55% slide in NIFTY and a 15.51% slide in the Nifty IT index.
Wipro Consumer Care Ventures eyes fund bets to widen startup reach in India and Southeast Asia
The venture firm plans to write larger cheques of up to ₹30 crore from its new corpus while diversifying into pet care, appliances, and packaged foods.
Market Preview: NHPC OFS, Ola QIP, Wipro Stake in Focus - HDFC Sky
Market Preview: NHPC OFS, Ola QIP, Wipro Stake in FocusHDFC Sky
Wipro shares in focus on deal to acquire additional stake in Aggne Global for $28.5 million. Check details
Wipro is set to acquire an additional 20% stake in US-based insurtech company Aggne Global Inc for $28.5 million, increasing its ownership to 80%. This move aims to bolster Wipro's position in the insurance sector, particularly in AI-led transformation solutions for the P&C segment. The transaction is expected to conclude by June 5.
