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Broker call● Neutral for Infosys
Infosys derating: Indian fund managers treating IT stocks as reverse AI trade, says GREED & fear
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| INFY | Fri, 25 Sept | −1.4% | −1.7% | 1.2× | −1.4% · Nifty +0.3% |
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Continued weakness in IT shares
IT shares fell for a sixth straight session, with OFSS and Infosys among the top losers. GREED & fear said Indian fund managers were treating IT stocks as a reverse AI trade.
Friday, 25 September
- Infosys derating: Indian fund managers treating IT stocks as reverse AI trade, says GREED & fear