Infosys, Wipro shares crash to 6-year lows as IT sell-off gathers pace; what is weighing on the sector?
Infosys moved lower in a quarterly results development.
29 Sept 2026 · LiveMint Markets
Infosys and Wipro stocks have faced relentless selling pressure, with Infosys falling below ₹1,000 and Wipro hitting a six-year low. The IT sector has seen its worst downturn since 2022 amid concerns about AI disruption and weak earnings growth.
The analysis
Infosys reported ₹1,000. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -2.0% on the day at ₹993.55, and has returned -7.4% over three months. It sits 41% below its 52-week high, which means a good deal of bad news was already in the price. The it sector has moved -3.2% over the same period, so Infosys is running 4.2 points behind its peers.
For Infosys, the question is how much of this is already reflected in the price and how much re-rates the it peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- The company directly in focus is INFY.
- Sector exposure: IT.
- The immediate tone of coverage reads negative.
In this story
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