Infosys share price: Infosys shares plummeted 9% to a 52-week low, losing nearly Rs 40,000 crore in market cap. This follows Accenture’s lowered revenue forecast, sparking concerns over reduced discretionary IT spending. The US Federal Reserve’s hawkish stance further fueled worries about a potential slowdown in enterprise technology investments.
AI fear over IT overdone, but near-term pain likely to persist: Seshadri Sen
Indian IT services face persistent pressure due to AI disruption fears, with market expert Seshadri Sen advising tactical caution despite attractive long-term valuations. While inflation
June 19, 2026