Infosys shares edge down and outperform rivals in rough market
Updated
Updated · MarketWatch · May 6
Infosys shares edge down and outperform rivals in rough market
10 articles · Updated · MarketWatch · May 6
The stock slipped 0.41% to ₹1,162.50 on Thursday as the BSE Sensex fell 0.15% to 77,844.52, with trading volume rising to 1.1 million.
Infosys still beat peers in the sell-off: Tata Consultancy Services dropped 1.40%, Wipro 0.88% and HCL Technologies 0.48%.
The shares closed 32.72% below their 52-week high of ₹1,727.85 reached on 3 February, after a 0.88% decline on Wednesday when Infosys underperformed competitors.
As Infosys's stock hits new lows, is it a value trap or a prime buying opportunity for the AI age?
Can Infosys pivot from selling human hours to AI-driven outcomes before its legacy business model becomes obsolete?
Is the 'AI Anxiety' hitting Infosys a preview of a massive disruption for global white-collar jobs?