Infosys stock could rise up to 10% tomorrow if ADR is an indicator. The target prices will go up to Rs 2,076

Infosys Ltd, one of India’s leading information technology companies, was set for strong buying on Friday, January 16, after several brokerage firms raised their target prices following a positive surprise from the company. Infosys raised its constant currency revenue growth expectations for FY26 from the previous range of 2-3% to 3-3.5%, signaling a clearer improvement […]

Infosys, TCS, Wipro and other IT stocks rise up to 2% after the rupee fell to a new low. What drives this movement?

IT stocks such as Infosys, TCS and Wipro rose up to 2% on Wednesday after the sharp fall in the rupee past the Rs 90 per dollar mark spurred renewed buying in high-export technology names. The currency’s fall to an unprecedented 90.13 against the US dollar, its weakest level ever, pushed investors towards dollar income […]

H-1B compensation deepens the sale of fears for already battered Indian IT stocks. What to expect on Monday?

Indian IT investors were lagging behind after US President Donald Trump signed a proclamation that greatly increased the costs for the H-1B visa program, long considered the backbone of India’s software export. Markets will see how far this shock translates into fresh sales in IT counselors who are already under pressure. Trump announced that new […]