Infosys Stocks Slump 4.3%; Launches AI Match Centre, ‘Rally’ Humanoid
INFY•Infosys shares fell 4.3% as India’s IT index plunged 5.8%, its worst drop since Feb 4 on investor concerns over AI’s effect on traditional software. Infosys is deploying an AI-powered Match Centre, humanoid Rally and VR Tennis for the HSBC Championships (June 6–21) to deliver real-time insights, commentary and fan polls.
1. Stock Performance and Sector Selloff
Infosys shares fell 4.3% as India’s IT index plunged 5.8% to 29,310.25 points, its worst single-day drop since February 4, on investor concerns that AI could undermine traditional software service demand. Tata Consultancy Services led losses with a 9% slump, while Wipro fell 3.7%, highlighting a broad sector selloff.
2. AI-Driven Fan Experiences Launch
Infosys is expanding its AI-first offering across the LTA grass court season, unveiling an AI-powered Match Centre with live scores, head-to-head stats and AI commentary, a humanoid called Rally for onsite fan interactions, and VR Tennis experiences at the HSBC Championships (June 6–21) to boost real-time engagement.
