Infosys Stock Update: Shares Slip Amid IT Sector Headwinds
Infosys (NSE: INFY) share price is trading at ₹1,032.00, down 0.63% intraday, as the stock slips amid broader IT sector weakness and concerns over US Fed rate hikes and H-1B visa fees.
Infosys (NSE: INFY) shares are trading in the red during early Tuesday morning trade, extending recent weakness in the broader IT sector. As of 9:22 AM IST, the stock is quoting at ₹1,032.00, down 0.63% from its previous close of ₹1,038.50. After opening slightly lower at ₹1,037.70, the IT bellwether touched an intraday high of ₹1,041.00 before sliding to a low of ₹1,029.30. Current trading volumes stand at 862,925 shares, indicating subdued activity in the initial hours of the session.
| INFY – Stock Updates as of (9:22AM, 22 Sep 2026) | |||
LTP ₹1,032.00 | Open ₹1,037.70 | High ₹1,041.00 | Low ₹1,029.30 |
52W High ₹0.00 | 52W Low ₹0.00 | Volume 862,925 | % Chg -0.63% |
52-Week Context
While specific 52-week high and low figures for the Indian-listed stock are not immediately available, Infosys shares have been under pressure recently and are trading near their annual lows. The company's American Depository Receipts (ADRs) have also been noted to be near their 52-week lows, reflecting a consistent downtrend across its global listings. This current intraday dip is testing crucial support levels and reflects ongoing investor caution.
Latest Developments
The current downward movement in Infosys shares is largely influenced by broader sectorial weakness and lingering macroeconomic concerns. Indian IT stocks, including Infosys, saw declines on Monday, September 21, following stronger-than-expected US jobs data. This data has intensified concerns regarding a potential September interest rate hike by the US Federal Reserve, which typically pressures risk assets and impacts client spending in the IT services sector. Furthermore, the extension of the $100,000 H-1B visa fee by the Trump administration, a move announced on Monday, has also acted as a headwind for Indian IT companies, contributing to negative sentiment. Analyst sentiment remains cautious, with Jefferies recently reiterating a "Hold" rating on Infosys stock, assigning a target price of $1,020 (for the ADR). This follows Infosys's Q1 FY27 earnings announcement in July, where the company missed revenue forecasts and trimmed its FY2027 revenue growth guidance, citing client terminations, pricing pressures, and softer demand. Although the company reported significant large deal wins worth $3.6 billion and an increase in AI services revenue to 8.2% of the total, the cautious outlook has continued to weigh on investor confidence.
Outlook
For the remainder of the trading session, market participants will be closely watching for further cues from global markets, particularly any fresh developments concerning US economic data or statements from Federal Reserve officials. The broader performance of the Indian IT sector, highly sensitive to global demand and macroeconomic shifts, will also be a key determinant of Infosys's trajectory today.
Disclaimer: The information provided in this article is based on news reports and is not intended as investment advice. Investing in stocks involves risk. LatestLY advises its readers to consult with a financial advisor before making any investment decisions.
(The above story first appeared on LatestLY on Sep 22, 2026 09:22 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
