Infosys Share Price Falls 6.11% to ₹1,301.10 Amid AI Fears; NIFTY IT Down Over 4% 

Infosys Ltd (NSE: INFY) declined 6.11% to ₹1,301.10 at 10:22 am IST on 13 February, down ₹84.70 from its previous close of ₹1,386.00, according to exchange data. The stock traded lower for the third consecutive session amid sustained pressure in information technology counters. 

Why The Share Price Declined 

The decline in Infosys came amid heavy selling in Indian IT stocks, tracking an overnight sell-off in US technology shares and persistent concerns around AI-led disruption. Market commentary indicated that investors were reassessing the long-term impact of AI-driven automation on India’s labour-intensive IT services model.  

Additionally, stronger-than-expected US jobs data weakened expectations of a near-term interest rate cut by the US Federal Reserve, adding to negative sentiment in global technology stocks. 

At the same time, the NIFTY IT index was trading at 31,781.90, down 1,378.30 points or 4.16%, after touching a low so far of 31,422.60, its lowest level since October 2023 and marking a decline of roughly 12% over three sessions, based on exchange data. 

Stock Performance Snapshot 

At 10:22 am IST on 13 February, Infosys was trading at ₹1,301.10, down ₹84.70 or 6.11%. The stock opened at ₹1,293.90, touched a high of ₹1,324.00 and a low of ₹1,281.50 so far. 

The 52-week high stands at ₹1,873.50, while the 52-week low is ₹1,281.50. The company’s price-to-earnings (P/E) ratio is 19.28, and the dividend yield is 3.46%, as per available market data. The company’s market capitalisation stood at approximately ₹5.39 lakh crore. 

What This Means for Investors 

At 10:22 am IST, Infosys share price was trading close to its 52-week low, reflecting continued near-term valuation pressure. The decline aligns with broader sector weakness rather than a company-specific regulatory disclosure. 

Future stock movement may remain linked to earnings visibility, deal pipeline commentary, margin trajectory and management disclosures in upcoming regulatory filings. 

Broader Market and Sectoral Context 

At 10:22 am IST, the NIFTY IT index was down 4.16% at 31,781.90. The index opened at 31,487.40, touched a high of 31,918.65 and a low of 31,422.60 during the session. 

Other IT stocks were also trading lower. Tata Consultancy Services was down around 4.09%, HCL Technologies declined 4.30%, Wipro fell 3.55%, LTIMindtree dropped 3.50%, Tech Mahindra slipped 3.02%, Persistent Systems lost 2.71%, and Oracle Financial Services Software declined 4.49%, according to exchange data. 

At 10:22 am IST on 13 February, Infosys shares were trading 6.11% lower at ₹1,301.10 compared with the previous close of ₹1,386.00. The stock moved within a range of ₹1,281.50 to ₹1,324.00 in early trade. The decline occurred amid broad-based weakness in IT stocks, with the NIFTY IT index down over 4%, reflecting continued pressure linked to AI disruption concerns and fading expectations of a near-term US Federal Reserve rate cut, according to market data and commentary. 

Source: https://www.nseindia.com/get-quote/equity/INFY/Infosys-Limited