Nandan Nilekani bets on India for scaling AI, says IT service demand will continue to grow
Infosys is in focus.
· Business Today Mkts
Infosys co-founder Nandan Nilekani stresses that AI’s growth will boost jobs through business transformation, countering fears of widespread automation job losses.
The analysis
Against that, the stock is +3.4% on the day at ₹1,185.00, and has returned +2.6% over three months. It sits 30% below its 52-week high, which means a good deal of bad news was already in the price. The it sector has moved -3.1% over the same period, so Infosys is running 5.7 points ahead of its peers.
For Infosys, the question is how much of this is already reflected in the price and how much re-rates the it peer set alongside it.
Market context
- In focus: Infosys (INFY), in IT.
- Over three months: Infosys +2.6% against IT -3.1% (5.7 points ahead).
- At least 25% below the 52-week high: Infosys (30%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| InfosysINFY · IT | ₹1,185.00 | +3.4% | +19.2% | +2.6% | -29.9% | 0.8× | — |
IT
1M +5.2% · 3M -3.1%
Infosys
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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