Infosys shares slide 9% to a new 52-week low of Rs 1,030, wiping nearly Rs 40,000 crore in value

Infosys shares fell 9% to Rs 1,030, hitting a new 52-week low and erasing nearly Rs 40,000 crore in market capitalisation. The drop followed Accenture’s decision to cut the upper end of its annual revenue growth forecast, reviving worries about softer discretionary technology spending. Pressure also built as the US Federal Reserve struck a hawkish tone, adding to concerns that US corporate IT budgets could tighten. Infosys is down 36% since the start of 2026, while the Nifty IT index has fallen 29% year to date.