Infosys, Wipro drag benchmark indices at open
IT sector weakness pulls benchmarks lower at open; margin worries weigh on sentiment.
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2 days agoInfosys, Wipro drag benchmark indices at open
India’s equity benchmarks started lower on Friday, with Nifty slipping ~0.15% and Sensex ~0.16%. The drag came from IT names: Infosys declined ~1.5%, while Wipro plunged ~4.5% despite reporting solid top-line growth. Analysts flagged margin pressure and cautious guidance as reasons. Broader markets were weak — 10 of 16 key sectors were in the red. The lack of follow-through buying after recent rally and global jitters kept sentiment muted. Investors expect guidance clarity to shape intraday action.
negative
2 days agoInfosys, Wipro drag benchmark indices at open
India’s equity benchmarks started lower on Friday, with Nifty slipping ~0.15% and Sensex ~0.16%. The drag came from IT names: Infosys declined ~1.5%, while Wipro plunged ~4.5% despite reporting solid top-line growth. Analysts flagged margin pressure and cautious guidance as reasons. Broader markets were weak — 10 of 16 key sectors were in the red. The lack of follow-through buying after recent rally and global jitters kept sentiment muted. Investors expect guidance clarity to shape intraday action.
negative
Infosys, Wipro drag benchmark indices at open
3 days ago
1 min read
77 words
IT sector weakness pulls benchmarks lower at open; margin worries weigh on sentiment.
India’s equity benchmarks started lower on Friday, with Nifty slipping ~0.15% and Sensex ~0.16%. The drag came from IT names: Infosys declined ~1.5%, while Wipro plunged ~4.5% despite reporting solid top-line growth. Analysts flagged margin pressure and cautious guidance as reasons. Broader markets were weak — 10 of 16 key sectors were in the red. The lack of follow-through buying after recent rally and global jitters kept sentiment muted. Investors expect guidance clarity to shape intraday action.
India’s equity benchmarks started lower on Friday, with Nifty slipping ~0.15% and Sensex ~0.16%. The drag came from IT names: Infosys declined ~1.5%, while Wipro plunged ~4.5% despite reporting solid top-line growth. Analysts flagged margin pressure and cautious guidance as reasons. Broader markets were weak — 10 of 16 key sectors were in the red. The lack of follow-through buying after recent rally and global jitters kept sentiment muted. Investors expect guidance clarity to shape intraday action.
Companies:
Infosys
Wipro
Tags:
markets
india
markets
india
stocks
IT
Source:
Oct 17, 2025 • 05:19 IST