IT stocks in Indian markets face pressure due to FED actions, market uncertainty, and the crash in Brent crude prices.

The entities involved

• FED →

  business

  • Multiple central banks, including the Bank of Thailand, set interest rates while political sweeps influence market expectations.04:48
  • Lisa D. Cook dissented in the recent FOMC meeting, advocating for a rate increase.03:51
• Infosys →

  Indian multinational technology company

  • Axis Bank reported higher Q2 profits, while Bajaj Finance, Infosys, and UltraTech Cement are scheduled to announce results amid Middle East geopolitical uncertainty.Mon 15:09
  • Infosys and Axis Bank were identified as major drags on the Nifty index during a market rally driven by strong quarterly performance.Mon 10:11
• Tata Consultancy Services →

  Information technology consulting company

  • TCS won an engagement to build an enterprise AI platform, Tech Mahindra established a responsible AI practice, and Kumar highlighted the importance of AI governance.Fri 21:16
  • Tata Consultancy Services and the World Economic Forum collaborated on a white paper focused on industrial decarbonization.Fri 06:49

Related events

• Crude oil price decline, IT stock rally, and RBI measures supported the rupee on October 13, 2026.Oct 13
• IT companies, auto manufacturers, and banks are listed on the Indian stock market, with market performance influenced by global cues like the rise in crude oil prices.Jun 29
• Global market turbulence is putting pressure on Fed policy, coinciding with an AI equity rout in Asia.Oct 15