{"id":113752,"date":"2026-06-11T10:34:57","date_gmt":"2026-06-11T05:04:57","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=113752"},"modified":"2026-06-11T10:39:16","modified_gmt":"2026-06-11T05:09:16","slug":"nifty-it-falls-ai-concerns-infosys-hcltech-tcs","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nifty-it-falls-ai-concerns-infosys-hcltech-tcs\/","title":{"rendered":"Nifty IT Drops Over 2% With Infosys Down 2.91%, HCL Tech Off 3.15% and TCS Down 1.68% as AI Revenue Disruption Fears Outweigh Long-Term Growth Case"},"content":{"rendered":"
<\/div>\n

Nifty IT: ~27,870 (-2.0%). INFY: Rs 1,112 (-2.91%), H Rs 1,133.70, L Rs 1,109. HCLTECH: Rs 1,096.40 (-3.15%), H Rs 1,112.90, L Rs 1,089.50. TCS: Rs 2,117.80 (-1.68%), H Rs 2,143, L Rs 2,110. AI disruption: deflationary now on legacy revenues, accretive later on AI services.<\/em><\/p>\n

The Nifty IT<\/strong><\/a> index fell over 2% on Thursday, June 11, 2026, emerging as the worst-performing sector index in the session, with key constituents Infosys (-2.91%), HCL Technologies (-3.15%), and TCS (-1.68%) dragging the index to approximately 27,870 from yesterday’s close of 28,444. The Nifty IT<\/strong> selloff reflects the market’s ongoing reassessment of the net impact of artificial intelligence on India’s IT services sector. While companies like Infosys have outlined ambitious AI frameworks targeting a $300-400 billion incremental market by 2030, investors are grappling with the near-term reality: AI’s deflationary impact on traditional IT revenue streams is materialising faster than AI services revenue can replace it. The result is a broad-based sell-off across the IT sector that has pushed the index significantly below all analyst consensus price targets.<\/p>\n

Click Here – Get Free Research From Univest<\/strong><\/a><\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n