Infosys Slips 0.20% to 1,176.80 Rupees as Sensex Sinks 1.70%

14 articles · Updated · MarketWatch · May 11

Infosys shares edged down 0.20% to 1,176.80 rupees on Monday, a milder drop than the broader market's selloff.
The BSE Sensex fell 1.70% to 76,015.28 in a broadly weak session, helping explain the stock's decline while highlighting its relative resilience.
Infosys still closed 31.89% below its 52-week high of 1,727.85 rupees reached on February 3.
Peer moves were mixed but mostly negative: Tata Consultancy Services slipped 0.06%, HCL Technologies lost 0.29%, and Wipro dropped 0.62%.
Trading volume was light at 299,434 shares versus a 50-day average of 698,010, suggesting limited conviction behind the move.

With profits soaring, why is Infosys's stock lagging and its future growth forecast so low?

Can Infosys's big AI bet truly counter the disruption threatening its traditional business model?