---
title: "Infosys, Wipro drag India stock benchmarks lower at open"
description: "India's equity benchmarks opened lower on Friday, influenced by Infosys and Wipro amid margin concerns despite both companies exceeding revenue estimates for the September quarter. The Nifty 50 fell 0"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/261547216.md"
published_at: "2025-10-17T04:02:52.000Z"
---

# Infosys, Wipro drag India stock benchmarks lower at open

> India's equity benchmarks opened lower on Friday, influenced by Infosys and Wipro amid margin concerns despite both companies exceeding revenue estimates for the September quarter. The Nifty 50 fell 0.15% to 25,546.85, while the BSE Sensex dropped 0.16% to 83,331.3. The IT sector declined 1.25%, with Wipro down 4.5%. Analysts expressed concerns over margin pressures and provided a conservative revenue outlook for Infosys. The market had recently reached three-month highs, driven by expectations of an earnings rebound and potential rate cuts.

India's equity benchmarks opened marginally lower on Friday, pausing after a recent rally, dragged down by Infosys and Wipro on margin concerns even both surpassing revenue estimates for the September quarter.

The Nifty 50 fell 0.15% to 25,546.85, while the BSE Sensex shed 0.16% to 83,331.3 as of 9:24 a.m. IST.

Ten of the 16 major sectors logged losses at open. The broader small-caps and mid-caps lost 0.1% and 0.4%, respectively.

The IT sub-index fell 1.25%, with Wipro losing 4.5% despite exceeding second-quarter revenue estimates, as analysts raised concerns over margin pressures from deal ramp-ups and recent acquisitions.

"Over fiscal year 2026-2028, we expect 3% earnings per share (EPS) CAGR, which along with 3% dividend yields makes risk-reward unattractive," said analysts at Jefferies.

Infosys also lost 1.5% after beating September-quarter revenue estimates. "Q2 results were a mixed bag with higher revenue but lower than expected margins," said UBS.

Infosys's fiscal 2026 revenue outlook of 2%-3% also appears overtly conservative, according to CLSA.

The Nifty and BSE Sensex ended Thursday at three-month highs and now sit less than 3% below their record peaks reached in September 2024, fuelled by expectations of an earnings rebound and hopes for domestic and U.S. rate cuts.

### Related Stocks

- [WIT.US - Wipro](https://longbridge.com/en/quote/WIT.US.md)
- [INFY.US - Infosys](https://longbridge.com/en/quote/INFY.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.