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Infosys Limited (INFY.NS) shares declined 3.1% in early trade on January 5, 2026, dropping to around Rs 1,590 from the previous close of Rs 1,640. The fall mirrors broader Nifty IT index pressure, with the benchmark Sensex and Nifty also slipping in initial hours. Investors eye global cues and sector volatility.
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Infosys opened at Rs 1,637 but hit an intraday low of Rs 1,589, reflecting heightened selling in IT heavyweights amid mixed global sentiment.Trading volume surged past 11 lakh shares early, with average price near Rs 1,608, as Nifty IT dipped 0.38%.
Core Developments
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Day's range Rs 1,589-1,637, 52-week span Rs 1,307-1,983, market cap approx Rs 6.64 lakh crore.
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Recent weekly performance down 0.95%, monthly up 5.09%, yearly down 16.21% amid US economic concerns.
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Nifty IT constituents like TCS, HCL Tech, Wipro also traded lower, dragging sector index.
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Analysts note bearish options activity and global IT spending slowdown as key drags.
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This dip offers potential entry for long-term investors, given Infosys' strong fundamentals and 2.74% dividend yield.
Sources: Upstox.com, Moneycontrol.com, Economic Times
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