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Infosys Climbs on Upbeat FY26 Forecast Driven by AI Strength
Infosys raised its FY26 revenue growth forecast after reporting 8.9% Q3 growth, sparking a 5% stock rise and lifting Indian IT sector sentiment.
- On Friday , Infosys' guidance sparked a rally as the BSE Sensex climbed 343.44 points to 83,726.15 and the NSE Nifty rose 77.65 points to 25,743.25.
- After reporting Q3 results that showed third-quarter revenue from operations rose 8.9% to ₹45,479 crore, Infosys executives pointed to fresh contracts and steady execution as drivers of the FY26 revenue guidance increase.
- Trading volumes spiked as investors piled into Infosys shares, sending the stock to lead Nifty 50 performers and recording its biggest one-day pop since late September.
- The upgrade lifted sentiment across Indian IT stocks squeezed by budget cuts and automation fears and hinted at deal ramps in banking, retail and manufacturing verticals.
- Despite optimism, risks from U.S. rate shifts and spending caution persist as analysts say Infosys is primed for market-share wins with a sharper AI focus into 2026.
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18 Articles
18 Articles
Coverage Details
Total News Sources18
Leaning Left1Leaning Right4Center3Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
13%
C 37%
R 50%
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