The market sentiment in the Indian IT sector is being affected by geopolitical factors, specifically US-Iran peace uncertainty, impacting companies like Infosys and Mphasis.
1 report, 1 independent
Updated Aug 17
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What happened
The market sentiment in the Indian IT sector is being affected by geopolitical factors, specifically US-Iran peace uncertainty, impacting companies like Infosys and Mphasis.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Mphasis
Mphasis is an IT services company based in Bangalore, India
Nothing else this week.
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Infosys
Indian multinational technology company
- A market sell-off is underway, causing steep declines in the shares of major IT service providers including Infosys, Wipro, HCL, Larsen & Toubro, and Bharti Airtel.
- On September 28, 2026, the market experienced a crash: Infosys was the only Sensex stock to close higher, while Larsen & Toubro was the biggest loser.