<p>12 月 26 日，IT 股票下跌，此前 Infosys 提高了新入职员工的起薪，为专业技术岗位提供高达 210 万印度卢比的薪酬包。分析师们对此是否会对股票产生重大影响进行了评论，并探讨未来的走势。</p>
<p>IT 股票的下跌使 Nifty IT 指数下跌 0.86%，至 38,638.80 点，截至下午 12:30，连续第三个交易日出现亏损。</p>
<p><strong>IT 股票的未来走势：</strong></p>
<p>印度 IT 股票在行业动态不断演变的挑战环境中航行，INVasset PMS 的研究分析师 Kalp Jain 表示。他指出，Infosys 最近宣布提高入职薪资，突显了对数字人才竞争的加剧。</p>
<p>“这一举措反映了公司在吸引人工智能、云计算和先进工程等领域的高技能专业人才方面的更广泛努力，这些领域的需求仍在增长，” 他补充道。</p>
<p>然而，分析师补充说，IT 行业整体薪资增长似乎正在放缓，预计平均增幅将比近年来略有减弱，因为公司在平衡成本压力和利润率纪律与人才保留之间进行调整。但在一些特定领域，工资和福利仍在上升，尽管某些细分市场的收入增长放缓，这也导致了更高的运营成本。</p>
<p>“对于 IT 股票而言，未来的道路可能取决于公司在保持竞争定价、扩展服务产品和确保强劲的交易管道的同时，如何有效管理人才成本。由于工资结构仍然是一个关键成本组成部分，投资者将关注收入和利润扩张是否能够抵消来自更高工资支出的短期压力，” 他总结道。</p>
<p>然而，Vibhavangal Anukulakara 的创始人兼董事总经理 Siddharth Maurya 认为，薪资的提高不会在短期内显著改变行业估值。他表示，印度 IT 股票在盈利动能、全球需求和人才成本之间波动。</p>
<p>“投资者继续更加关注交易管道、利润率、来自美国等关键市场的需求以及更广泛的宏观信号。IT 股票可能会对与全球需求和盈利前景相关的信号反应更为敏感，而不是对薪酬变化的反应，” 他补充道。</p>
<p>在全球预计加速的 AI 需求背景下，Infosys 正在积极调整其员工队伍以适应 AI，Choice Institutional Equities 的技术服务分析师 Dhanshree Jadhav 表示。她补充说，薪资上涨旨在减少员工流失，并增强 Infosys 吸引高质量新入职员工的能力，尤其是在印度 IT 公司入职薪资大体保持不变的情况下，降低了它们与初创公司的竞争力。</p>
<p>“我们认为全球 IT 行业正处于一个拐点，强劲的持续增长将越来越多地依赖于对人才和 AI 驱动基础设施的前期投资，以保持领先地位，” 她说。</p>
<p>本周早些时候，股票曾下跌，此前唐纳德·特朗普领导的美国政府表示将用一种新的方法取代长期以来的 H-1B 工作签证抽签系统，该方法优先考虑高技能、高薪的外国工人。</p>
<p>一份宣布新规则的新闻稿称，这与政府所做的其他关键变化一致，例如总统公告要求雇主在签证资格的条件下支付额外的 100,000 美元。</p>
<p><strong>今天的 IT 股票最大跌幅：</strong></p>
<p>Coforge 的股票在指数中跌幅最大，下降超过 3%，此前_Moneycontrol_报道该 IT 服务公司正在与一家全球数字工程公司进行高级谈判，交易价值超过 10 亿美元，可能成为该行业最大的交易之一。</p>
<p>LTIMindtree、Mphasis、Tech Mahindra、塔塔咨询服务（TCS）和 HCL 科技的股票均下跌超过 1%，而 Infosys、Wipro 和 Persistent Systems 的股票则小幅上涨，交易在红色区域。</p>
<p>请在此处关注股市的所有实时更新。</p>
<p><em>免责声明：Moneycontrol 上专家表达的观点和投资建议仅代表他们个人的观点，并不代表网站或其管理层的观点。Moneycontrol 建议用户在做出任何投资决策之前咨询认证专家。</em></p>

印孚瑟斯技术

<p>IT 股票下跌了最多 3%，因印孚瑟斯提高了入门级薪资，导致 Nifty IT 指数下跌 0.86%。分析师表示，薪资上涨反映了对数字人才的竞争，但可能不会对行业估值产生重大影响。市场关注的焦点仍然是全球需求、盈利前景和人才成本。Coforge 股价在收购谈判中下跌超过 3%，而其他主要 IT 股票也出现下滑。印孚瑟斯、Wipro 和 Persistent Systems 则略有上涨</p>

<p>IT stocks declined on December 26 after Infosys raised its entry-level salaries for freshers, with compensation packages of up to Rs 21 lakh per annum for specialised technology roles. Analysts have commented on whether this will have a major impact on the stocks, and what lies ahead.</p>
<div class="lb-trans"><p>12 月 26 日，IT 股票下跌，此前 Infosys 提高了新入职员工的起薪，为专业技术岗位提供高达 210 万印度卢比的薪酬包。分析师们对此是否会对股票产生重大影响进行了评论，并探讨未来的走势。</p>
</div><p>The fall in the IT stocks pushed the Nifty IT index down 0.86 percent to 38,638.80, as seen at 12.30 pm, extending losses for the third consecutive session.</p>
<div class="lb-trans"><p>IT 股票的下跌使 Nifty IT 指数下跌 0.86%，至 38,638.80 点，截至下午 12:30，连续第三个交易日出现亏损。</p>
</div><p><strong>What lies ahead for IT stocks:</strong></p>
<div class="lb-trans"><p><strong>IT 股票的未来走势：</strong></p>
</div><p>Indian IT stocks have been navigating a challenging environment as sector dynamics evolve, said Kalp Jain, Research Analyst at INVasset PMS. He noted that the recent announcement of Infosys hiking entry-level salaries underscores the intensifying competition for digital talent.</p>
<div class="lb-trans"><p>印度 IT 股票在行业动态不断演变的挑战环境中航行，INVasset PMS 的研究分析师 Kalp Jain 表示。他指出，Infosys 最近宣布提高入职薪资，突显了对数字人才竞争的加剧。</p>
</div><p>“This move reflects broader attempts by firms to attract highly skilled professionals in areas such as artificial intelligence, cloud and advanced engineering, where demand continues to grow,” he added.</p>
<div class="lb-trans"><p>“这一举措反映了公司在吸引人工智能、云计算和先进工程等领域的高技能专业人才方面的更广泛努力，这些领域的需求仍在增长，” 他补充道。</p>
</div><p>However, the analyst added that the overall salary growth in the IT sector appears to be moderating, with average increments slated to ease slightly compared with recent years as companies balance cost pressures and margin discipline with talent retention. But wages and benefits have continued to rise in targeted areas, contributing to higher operating costs even as revenue growth slows in some segments.</p>
<div class="lb-trans"><p>然而，分析师补充说，IT 行业整体薪资增长似乎正在放缓，预计平均增幅将比近年来略有减弱，因为公司在平衡成本压力和利润率纪律与人才保留之间进行调整。但在一些特定领域，工资和福利仍在上升，尽管某些细分市场的收入增长放缓，这也导致了更高的运营成本。</p>
</div><p>“For IT stocks, the path forward may hinge on how effectively companies manage talent costs while maintaining competitive pricing, expanding service offerings and securing robust deal pipelines. Because wage structures remain a key cost component, investor focus will be on whether revenue and margin expansion can offset any near-term pressure from higher payroll expenses,” he concluded.</p>
<div class="lb-trans"><p>“对于 IT 股票而言，未来的道路可能取决于公司在保持竞争定价、扩展服务产品和确保强劲的交易管道的同时，如何有效管理人才成本。由于工资结构仍然是一个关键成本组成部分，投资者将关注收入和利润扩张是否能够抵消来自更高工资支出的短期压力，” 他总结道。</p>
</div><p>Siddharth Maurya, Founder &amp; Managing Director at Vibhavangal Anukulakara, however felt that hikes in salaries will not meaningfully alter sector valuations anytime soon. He said that Indian IT stocks are toggling between a volatile mix of earnings momentum, global demand, and talent costs.</p>
<div class="lb-trans"><p>然而，Vibhavangal Anukulakara 的创始人兼董事总经理 Siddharth Maurya 认为，薪资的提高不会在短期内显著改变行业估值。他表示，印度 IT 股票在盈利动能、全球需求和人才成本之间波动。</p>
</div><p>“Investors continue to pay more attention to deal pipelines, margins, demand from key markets such as the U.S., and broader macro cues. IT stocks are likely to respond more to signals related to global demand and earnings outlook than to compensation changes,” he added.</p>
<div class="lb-trans"><p>“投资者继续更加关注交易管道、利润率、来自美国等关键市场的需求以及更广泛的宏观信号。IT 股票可能会对与全球需求和盈利前景相关的信号反应更为敏感，而不是对薪酬变化的反应，” 他补充道。</p>
</div><p>Amid an expected acceleration in AI-led demand globally, Infosys is proactively positioning its workforce to be AI-ready, said Dhanshree Jadhav, Analyst – Technology Services, Choice Institutional Equities. She added that the salary hikes are aimed at curbing attrition and enhancing Infosys’ ability to attract high-quality freshers, especially at a time when entry-level salaries across Indian IT companies have remained largely stagnant, reducing their competitiveness versus start-ups.</p>
<div class="lb-trans"><p>在全球预计加速的 AI 需求背景下，Infosys 正在积极调整其员工队伍以适应 AI，Choice Institutional Equities 的技术服务分析师 Dhanshree Jadhav 表示。她补充说，薪资上涨旨在减少员工流失，并增强 Infosys 吸引高质量新入职员工的能力，尤其是在印度 IT 公司入职薪资大体保持不变的情况下，降低了它们与初创公司的竞争力。</p>
</div><p>&#34;We believe the global IT industry is at an inflection point where strong sustained growth will increasingly be driven by upfront investments in talent and AI-led infrastructure to stay ahead of the curve,&#34; she said.</p>
<div class="lb-trans"><p>“我们认为全球 IT 行业正处于一个拐点，强劲的持续增长将越来越多地依赖于对人才和 AI 驱动基础设施的前期投资，以保持领先地位，” 她说。</p>
</div><p>The stocks had earlier declined this week after the Donald Trump-led US administration said it was replacing its longstanding lottery system for H-1B work visas with a new approach that prioritises skilled, higher-paid foreign workers.</p>
<div class="lb-trans"><p>本周早些时候，股票曾下跌，此前唐纳德·特朗普领导的美国政府表示将用一种新的方法取代长期以来的 H-1B 工作签证抽签系统，该方法优先考虑高技能、高薪的外国工人。</p>
</div><p>A press release announcing the new rule says it is “in line with other key changes the administration has made, such as the Presidential Proclamation that requires employers to pay an additional $100,000 per visa as a condition of eligibility.”</p>
<div class="lb-trans"><p>一份宣布新规则的新闻稿称，这与政府所做的其他关键变化一致，例如总统公告要求雇主在签证资格的条件下支付额外的 100,000 美元。</p>
</div><p><strong>Top IT losers today:</strong></p>
<div class="lb-trans"><p><strong>今天的 IT 股票最大跌幅：</strong></p>
</div><p>Coforge shares were the top loser on the index, falling more than 3 percent after <em>Moneycontrol</em> reported that the IT services firm is in advanced discussions to acquire a global digital engineering company in a deal valued at over $1 billion, potentially marking one of the largest transactions in the sector.</p>
<div class="lb-trans"><p>Coforge 的股票在指数中跌幅最大，下降超过 3%，此前_Moneycontrol_报道该 IT 服务公司正在与一家全球数字工程公司进行高级谈判，交易价值超过 10 亿美元，可能成为该行业最大的交易之一。</p>
</div><p>LTIMindtree, Mphasis, Tech Mahindra, Tata Consultancy Services (TCS) and HCL Technologies shares fell more than 1 percent each, while Infosys, Wipro and Persistent Systems shares were trading in the green with marginal gains.</p>
<div class="lb-trans"><p>LTIMindtree、Mphasis、Tech Mahindra、塔塔咨询服务（TCS）和 HCL 科技的股票均下跌超过 1%，而 Infosys、Wipro 和 Persistent Systems 的股票则小幅上涨，交易在红色区域。</p>
</div><p>Follow all LIVE updates from the stock markets here.</p>
<div class="lb-trans"><p>请在此处关注股市的所有实时更新。</p>
</div><p><em>Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.</em></p>
<div class="lb-trans"><p><em>免责声明：Moneycontrol 上专家表达的观点和投资建议仅代表他们个人的观点，并不代表网站或其管理层的观点。Moneycontrol 建议用户在做出任何投资决策之前咨询认证专家。</em></p>
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印孚瑟斯技术提高入门级薪资后，IT 股票下跌至多 3%：分析师的看法