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0 0 0.00141043723554311 0.00141043723554311 0.00141043723554311 -0.00423131170662897 -0.00423131170662897 -0.00846262341325806
Stock impact report

CNBC's Inside India newsletter: As AI shockwaves hit global software firms, what's in store for India's IT titans? [CNBC]

Infosys Limited American Depositary Shares (INFY) 
Last infosys limited american depositary shares earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: infosys.com/investors
Company Research Source: CNBC
Major AI companies have announced tie-ups with leading Indian IT services firms to drive AI adoption across enterprises. Jefferies has cut price targets of Indian IT companies by up to 33% and downgraded most large firms to either hold or underperform. In this article Ai trading concepts. 3D render Blackjack3d | E+ | Getty Images This report is from this week's CNBC's “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story Indian IT stocks are facing their steepest monthly declines since the 2008 global financial crisis, with the Nifty IT Index on track to drop 20% this month, as concerns over AI-led disruption pressure software stocks globally. At the mega India AI summit last week, major tech companies announced tie-ups with leading Indian IT services firms to drive AI adoption across enterprises. India's largest and the world's second largest IT services company, Tata Consult Show less Read more
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