$INFY

An analysis by Motilal Oswal Financial Services and Nuvama Institutional Equities says India’s top AMCs, SBI Mutual Fund, ICICI Prudential Mutual Fund and HDFC Mutual Fund, increased equity fund values in July 2026. SBI bought Bajaj Finance (₹2,634 cr) and Adani Enterprises (₹2,386 cr), while selling Reliance (₹1,016 cr). ICICI Pru bought Kotak Mahindra Bank (₹2,100 cr) and sold Infosys (₹3,200 cr). HDFC AMC bought Adani Enterprises (₹800 cr) and sold Reliance (₹500 cr).

Infosys said it is prioritizing internal AI upskilling to address a shortage of AI talent, reducing reliance on costly external hiring, according to its chief HR officer. In Q1 FY2027, it reported 14% year-on-year revenue growth and a 21.1% operating margin. Infosys has 325,000 employees and hired 20,000 fresh graduates in FY2026, and it cited a 10-year AI IT partnership with Crocs.

The article reviews leadership changes at 10 large-cap Indian listed companies in 2026, spanning HDFC Bank, Infosys, Canara Bank, Cipla, Hero MotoCorp, Hyundai Motor India, Bharti Airtel, and Eternal (Zomato), among others. It cites board and management appointments, including HDFC Bank’s Rajiv Kumar as part-time chairman (subject to RBI clearance) and Puneet Sharma as CFO, plus CEO successions at Infosys, Cipla, Airtel, and Eternal.

Metsä Group selected Infosys as its IT partner to modernize and expand its IT environment under a multi-year agreement, following a tender process. The deal covers application management, cloud operations, workplace services, IT/OT interface support, and service desk operations across Metsä’s countries. It also includes AI and automation solution development using Infosys Topaz Fabric.

USCIS reported eligible H-1B registrations for FY27 fell 38.5% to 211,600 from 343,981 in FY26, with FY27 at a seven-year low, citing changes to the lottery and increased AI use. Indian IT firms including Tata Consultancy Services, Infosys, and Cognizant filed more H-1B extensions and transfers. Xpheno data showed applications by 18 Indian IT firms and Cognizant dropped to 8,160 from 36,453 (2024 to 2025).

Indian IT stocks fell for a fifth straight bearish day on Feb 24, with the Nifty IT index down about 3% to 30,721 and roughly 20% lower over the past month. Jefferies downgraded six Indian IT companies, citing AI-driven shifts in business mix. Infosys was cut to HOLD with a target of Rs 1,290 (from Rs 1,880), and TCS to Underperform with a target of Rs 2,350 (from Rs 3,485).

Infosys shares (INFY) fell 0.71% to ₹1,167.80 intraday, after the company lowered FY27 revenue growth guidance to 1.5%-3% following Q1 results. Infosys reported Q1 revenue of ₹48,211 crore (+14% YoY) and net profit of ₹7,769 crore (+12.2% YoY). LIC reduced its stake by ₹10,229 crore in Q1 FY27, adding selling pressure.

Indian benchmarks extended losses. The Nifty 50 fell 35.75 points, or 0.15%, to 24,435.95, and the Sensex dropped 187.90 points, or 0.24%, to 77,966.35. Tata stocks and IT shares weighed after Tata Sons chairman N Chandrasekaran said he will not seek reappointment. TCS fell 3.93% and Infosys 1.23%. India CPI inflation rose to 4.45% in July, from 4.38% in June.

Indian benchmarks fell for a second session. The Nifty 50 ended at 24,435.95, down 0.15%, and the Sensex fell 0.24% to 77,966.35, pressured by Tata Group shares after Tata Sons chairman N Chandrasekaran said he will not seek reappointment beyond Feb 2027. TCS, Mahindra & Mahindra and Infosys were key drags. India CPI rose to 4.45% in July.

Indian benchmarks ended lower, with the Sensex down 187.90 points (0.24%) to 77,966.35 and the Nifty 50 down 35.75 points (0.15%) to 24,435.95, settling below 24,450. The Nifty IT index fell 1.54%. Tata Group stocks declined after Tata Sons Chairman N Chandrasekaran said he would not seek reappointment. Several IPOs and Q1 FY27 results were also reported.