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‘This is a market overreaction’: Tech Mahindra CEO Mohit Joshi on Anthropic AI threat to Indian IT firms

‘This is a market overreaction’: Tech Mahindra CEO Mohit Joshi on Anthropic AI threat to Indian IT firms

Feb 04, 2026, 09:03 PM IST

Mohit Joshi, CEO and managing director of Tech Mahindra, has dismissed fears around Anthropic’s new AI tool, calling the sharp sell-off in IT stocks a market overreaction. He said artificial intelligence represents a technology shift that will ultimately act as a tailwind for IT services and software companies rather than replace them.

Anthropic AI tool impact: Infosys shares suffer biggest fall in more than 2 years

Anthropic AI tool impact: Infosys shares suffer biggest fall in more than 2 years

Feb 04, 2026, 12:35 PM IST

This eroded significant investor wealth, as the Infosys market capitalisation plunged by over Rs 54,000 crore, bringing its total market cap down to Rs 6.31 lakh crore, BSE data showed.

Stock market today: Sensex slips 377 pts, Nifty below 25,650; IT stocks lead losers

Stock market today: Sensex slips 377 pts, Nifty below 25,650; IT stocks lead losers

Feb 04, 2026, 09:22 AM IST

The overnight selloff in US technology stocks is likely to spill over into Indian IT shares, putting pressure on the broader market and limiting the upside, said VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited

Infosys shares in focus today; here’s why

Infosys shares in focus today; here’s why

Feb 03, 2026, 08:30 AM IST

Meanwhile, on Monday, shares of Infosys slipped 1.85 per cent to close at Rs 1629 on BSE against its previous close of Rs 1659.65 apiece.

Infosys shares jump 5%: How much Narayana Murthy family, LIC, small investors gained

Infosys shares jump 5%: How much Narayana Murthy family, LIC, small investors gained

Jan 16, 2026, 09:52 AM IST

Narayana Murthy, his wife Sudha N Murty, son Rohan Murty, daughter Akshata Murty and his grandson Ekagrah Rohan Murty together held 4.06 per cent stake in Infosys.

Infosys shares: Brokerages see up to 19% upside on strong AI-led deal momentum

Infosys shares: Brokerages see up to 19% upside on strong AI-led deal momentum

Jan 16, 2026, 09:05 AM IST

Choice said Infosys is sharpening its focus on six AI value pools, which position it well to gain market share across AI-led services and solutions.

Infosys share price target: What analysts say on IT stock

Infosys share price target: What analysts say on IT stock

Jan 16, 2026, 08:52 AM IST

Infosys target price: PL Capital suggested a target price of Rs 1,900 on the stock. Choice Broking reiterated a Buy rating with a revised target price of Rs 1,865

Infosys Q3 results: ADR up 10%; share price targets post FY26 guidance revision

Infosys Q3 results: ADR up 10%; share price targets post FY26 guidance revision

Jan 15, 2026, 09:44 AM IST

Nuvama said Infosys has now delivered two consecutive quarters of solid deal-wins and growth, which provide high growth visibility for coming quarters.

Infosys ADRs rise 2% in pre-market session as FY26 guidance raised

Infosys ADRs rise 2% in pre-market session as FY26 guidance raised

Jan 14, 2026, 04:54 PM IST

While The IT major's profit was hit by provisions for new Labour Codes, its deal wins at $4.8 billion was largely in line with Street estimates of $4.5-5 billion.

Infosys Q3 results: Profit slips 2% YoY to Rs 6,654 crore; revenue up 9%

Infosys Q3 results: Profit slips 2% YoY to Rs 6,654 crore; revenue up 9%

Jan 14, 2026, 04:19 PM IST

Infosys: The IT major's revenue from operations climbed 8.89 per cent to Rs 45,479 crore in Q3 FY26 compared to Rs 41,764 crore in the corresponding period last year.

IndiGo, Swiggy, ITC among MF buys in Dec; Infosys, Vedanta, Bajaj Finance top sells

IndiGo, Swiggy, ITC among MF buys in Dec; Infosys, Vedanta, Bajaj Finance top sells

Jan 14, 2026, 11:37 AM IST

MFs bought an additional 1.2 crore shares of IndiGo worth Rs 5,800 crore, Nuvama calculated. MFs held 8 crore IndiGo shares at the end of December against 6.8 crore shares at the end of November.