Brind.

UBS maintained Buy rating on Infosys; downgraded Persistent Systems to Neutral; maintained Neutral rating on Wipro; raised target price for LTM Ltd. CLSA advocated selective approach to sector.

1 report, 1 independent Updated Aug 1

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

UBS Infosys Persistent Systems Wipro

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The entities involved

UBS
Swiss multinational investment bank and financial services company
- The Trump administration threatens tariffs on Switzerland, leading Switzerland to seek a new trade agreement with the US.Mon 00:13
- Following the acquisition of Credit Suisse, the Swiss parliament proposed new banking regulations for UBS.Sun 10:25
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.Mon 15:42
- 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.Mon 15:42
Persistent Systems
india-headquartered technology company

Nothing else this week.
Wipro
Indian information technology services corporation headquartered in Bengaluru, India
- Major Indian IT companies, including TCS, Infosys, Wipro, and HCL, are currently locked in a fierce competition for market leadership, with TCS also vying with Reliance Industries.Mon 13:05
- Major Indian IT companies including TCS, Infosys, Wipro, and HCL experienced significant stock price declines on January 1, 2026, amidst market corrections and expert commentary on TCS.Mon 03:25

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Coverage

Newest first; wire copies grouped

Aug 1moneycontrol.com