India's Infosys slips on weak 2027 growth outlook
24/04/2026 04:53
April 24 (Reuters) - Shares of Infosys INFY.NS fell as much as 3.3% on Friday after the IT firm forecast weaker-than-expected fiscal 2027 revenue growth, as AI-driven spending caution amid macro uncertainty raised concerns over demand recovery in the sector. The stock was trading 1.9% lower at 9:20 a.m. IST and was the second-biggest loser on the Nifty IT index .NIFTYIT. (Reporting by Urvi Dugar in Bengaluru; Editing by Harikrishnan Nair) ((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))
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