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Infosys shares drop 2% after downgrades and price cuts

after close1 source ↓written by the desknot a recommendation

following multiple downgrades
2%
price target
₹1,110
₹1,340
of analysts maintain
67%

Shares of Infosys Ltd. fell 2% following multiple downgrades after its Q1 results. HSBC downgraded its rating to hold from buy and cut the price target to ₹1,110 from ₹1,340. Despite this, 67% of analysts maintain a "buy" rating, indicating mixed sentiment in the market.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 24 Jul 2026, 16:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

INFY closed +3.7% on the day of the news, from ₹1,040.90 to ₹1,079.20; Nifty +1.0% over the same session; futures OI −4.4%.

Bulletin at 16:05 IST on 24 Jul 2026. Every change is measured from ₹1,040.90, the last close before it, on 24 Jul. Nifty 50 is measured over the same sessions.

  • INFY close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
INFY closes around the bulletin against the close before the news, with Nifty 50 rebased to it932.6510581183axis spans 27%before the news · 24 Jul1041Nifty 50INFYbulletinD0+1+3+520 Jul30 Jul10 AugFutures open interest, lotspeak 3.2 LReference close ₹1,040.90. 16 sessions from 20 Jul to 10 Aug; the price axis spans 27 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before24 Jul₹1,040.90basebase
On the day27 Jul₹1,079.20▲ +3.7%▲ +1.0%+2.7 pp difference
+1 session28 Jul₹1,105.70▲ +6.2%▲ +0.9%+5.3 pp difference
+3 sessions30 Jul₹1,155.10▲ +11.0%▲ +2.3%+8.7 pp difference
+5 sessions3 Aug₹1,180.00▲ +13.4%▲ +4.2%+9.1 pp difference
Gap at the open, % · ₹
▲ +2.3%+24.15 on 27 Jul
Day's range, % · ₹
2.4%≈ 25 high to low
Volume on the day
1.18×the 20-session average
Futures OI on the day
▼ −4.4%−13,000 lots · short covering · price +3.7%
Futures OI open, lots
2.8 L27 Jul · 28 Jul expiry
Futures premium, ₹
+0.80+0.1% to spot
Puts per call, by OI
0.53from 0.64 the session before
Max pain
1,065from 1,060 the session before

Source NSE UDiFF bhavcopy · INFY on the desk →

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