IT stocks slide up to 2% after Jefferies warns AI pain isn’t over; Infosys, TCS among six downgraded

Among the IT pack, Mphasis emerged as the top loser, dropping 2.5% to ₹2,314.30, followed by Infosys and Wipro, which fell nearly 2% each.

Feb 23, 2026 - 13:00
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IT stocks slide up to 2% after Jefferies warns AI pain isn’t over; Infosys, TCS among six downgraded
Among the IT pack, Mphasis emerged as the top loser, dropping 2.5% to ₹2,314.30, followed by Infosys and Wipro, which fell nearly 2% each.

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