Infosys Shares Dip Amid IT Sector Volatility

Infosys Technologies has experienced a downturn in recent trading sessions, with its share price falling 1.07% to Rs 1,843.25 on February 13, 2025. This decline is part of a broader trend in the IT sector, which has faced challenges due to global economic uncertainties. However, there are signs of recovery, as the Nifty IT index recently snapped a 7-day losing streak. Infosys plans to roll out salary hikes ranging from 5% to 8% for employees by the end of February 2025, effective from April 2025. The company is also establishing a Global Capability Center for Lufthansa to drive digital transformation.

 

Source: Economic Times, India.com, Business Standard, TradingView