<p>12 月 26 日，IT 股票下跌，此前 Infosys 提高了新入職員工的起薪，為專業技術崗位提供高達 210 萬印度盧比的薪酬包。分析師們對此是否會對股票產生重大影響進行了評論，並探討未來的走勢。</p>
<p>IT 股票的下跌使 Nifty IT 指數下跌 0.86%，至 38,638.80 點，截至下午 12:30，連續第三個交易日出現虧損。</p>
<p><strong>IT 股票的未來走勢：</strong></p>
<p>印度 IT 股票在行業動態不斷演變的挑戰環境中航行，INVasset PMS 的研究分析師 Kalp Jain 表示。他指出，Infosys 最近宣佈提高入職薪資，突顯了對數字人才競爭的加劇。</p>
<p>“這一舉措反映了公司在吸引人工智能、雲計算和先進工程等領域的高技能專業人才方面的更廣泛努力，這些領域的需求仍在增長，” 他補充道。</p>
<p>然而，分析師補充説，IT 行業整體薪資增長似乎正在放緩，預計平均增幅將比近年來略有減弱，因為公司在平衡成本壓力和利潤率紀律與人才保留之間進行調整。但在一些特定領域，工資和福利仍在上升，儘管某些細分市場的收入增長放緩，這也導致了更高的運營成本。</p>
<p>“對於 IT 股票而言，未來的道路可能取決於公司在保持競爭定價、擴展服務產品和確保強勁的交易管道的同時，如何有效管理人才成本。由於工資結構仍然是一個關鍵成本組成部分，投資者將關注收入和利潤擴張是否能夠抵消來自更高工資支出的短期壓力，” 他總結道。</p>
<p>然而，Vibhavangal Anukulakara 的創始人兼董事總經理 Siddharth Maurya 認為，薪資的提高不會在短期內顯著改變行業估值。他表示，印度 IT 股票在盈利動能、全球需求和人才成本之間波動。</p>
<p>“投資者繼續更加關注交易管道、利潤率、來自美國等關鍵市場的需求以及更廣泛的宏觀信號。IT 股票可能會對與全球需求和盈利前景相關的信號反應更為敏感，而不是對薪酬變化的反應，” 他補充道。</p>
<p>在全球預計加速的 AI 需求背景下，Infosys 正在積極調整其員工隊伍以適應 AI，Choice Institutional Equities 的技術服務分析師 Dhanshree Jadhav 表示。她補充説，薪資上漲旨在減少員工流失，並增強 Infosys 吸引高質量新入職員工的能力，尤其是在印度 IT 公司入職薪資大體保持不變的情況下，降低了它們與初創公司的競爭力。</p>
<p>“我們認為全球 IT 行業正處於一個拐點，強勁的持續增長將越來越多地依賴於對人才和 AI 驅動基礎設施的前期投資，以保持領先地位，” 她説。</p>
<p>本週早些時候，股票曾下跌，此前唐納德·特朗普領導的美國政府表示將用一種新的方法取代長期以來的 H-1B 工作簽證抽籤系統，該方法優先考慮高技能、高薪的外國工人。</p>
<p>一份宣佈新規則的新聞稿稱，這與政府所做的其他關鍵變化一致，例如總統公告要求僱主在簽證資格的條件下支付額外的 100,000 美元。</p>
<p><strong>今天的 IT 股票最大跌幅：</strong></p>
<p>Coforge 的股票在指數中跌幅最大，下降超過 3%，此前_Moneycontrol_報道該 IT 服務公司正在與一家全球數字工程公司進行高級談判，交易價值超過 10 億美元，可能成為該行業最大的交易之一。</p>
<p>LTIMindtree、Mphasis、Tech Mahindra、塔塔諮詢服務（TCS）和 HCL 科技的股票均下跌超過 1%，而 Infosys、Wipro 和 Persistent Systems 的股票則小幅上漲，交易在紅色區域。</p>
<p>請在此處關注股市的所有實時更新。</p>
<p><em>免責聲明：Moneycontrol 上專家表達的觀點和投資建議僅代表他們個人的觀點，並不代表網站或其管理層的觀點。Moneycontrol 建議用户在做出任何投資決策之前諮詢認證專家。</em></p>

印孚瑟斯技術

<p>IT 股票下跌了最多 3%，因印孚瑟斯提高了入門級薪資，導致 Nifty IT 指數下跌 0.86%。分析師表示，薪資上漲反映了對數字人才的競爭，但可能不會對行業估值產生重大影響。市場關注的焦點仍然是全球需求、盈利前景和人才成本。Coforge 股價在收購談判中下跌超過 3%，而其他主要 IT 股票也出現下滑。印孚瑟斯、Wipro 和 Persistent Systems 則略有上漲</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 提高了新入職員工的起薪，為專業技術崗位提供高達 210 萬印度盧比的薪酬包。分析師們對此是否會對股票產生重大影響進行了評論，並探討未來的走勢。</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 指數下跌 0.86%，至 38,638.80 點，截至下午 12:30，連續第三個交易日出現虧損。</p>
</div><p><strong>What lies ahead for IT stocks:</strong></p>
<div class="lb-trans"><p><strong>IT 股票的未來走勢：</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 股票在行業動態不斷演變的挑戰環境中航行，INVasset PMS 的研究分析師 Kalp Jain 表示。他指出，Infosys 最近宣佈提高入職薪資，突顯了對數字人才競爭的加劇。</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>“這一舉措反映了公司在吸引人工智能、雲計算和先進工程等領域的高技能專業人才方面的更廣泛努力，這些領域的需求仍在增長，” 他補充道。</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，分析師補充説，IT 行業整體薪資增長似乎正在放緩，預計平均增幅將比近年來略有減弱，因為公司在平衡成本壓力和利潤率紀律與人才保留之間進行調整。但在一些特定領域，工資和福利仍在上升，儘管某些細分市場的收入增長放緩，這也導致了更高的運營成本。</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>“對於 IT 股票而言，未來的道路可能取決於公司在保持競爭定價、擴展服務產品和確保強勁的交易管道的同時，如何有效管理人才成本。由於工資結構仍然是一個關鍵成本組成部分，投資者將關注收入和利潤擴張是否能夠抵消來自更高工資支出的短期壓力，” 他總結道。</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 的創始人兼董事總經理 Siddharth Maurya 認為，薪資的提高不會在短期內顯著改變行業估值。他表示，印度 IT 股票在盈利動能、全球需求和人才成本之間波動。</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>“投資者繼續更加關注交易管道、利潤率、來自美國等關鍵市場的需求以及更廣泛的宏觀信號。IT 股票可能會對與全球需求和盈利前景相關的信號反應更為敏感，而不是對薪酬變化的反應，” 他補充道。</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>在全球預計加速的 AI 需求背景下，Infosys 正在積極調整其員工隊伍以適應 AI，Choice Institutional Equities 的技術服務分析師 Dhanshree Jadhav 表示。她補充説，薪資上漲旨在減少員工流失，並增強 Infosys 吸引高質量新入職員工的能力，尤其是在印度 IT 公司入職薪資大體保持不變的情況下，降低了它們與初創公司的競爭力。</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>“我們認為全球 IT 行業正處於一個拐點，強勁的持續增長將越來越多地依賴於對人才和 AI 驅動基礎設施的前期投資，以保持領先地位，” 她説。</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>本週早些時候，股票曾下跌，此前唐納德·特朗普領導的美國政府表示將用一種新的方法取代長期以來的 H-1B 工作簽證抽籤系統，該方法優先考慮高技能、高薪的外國工人。</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>一份宣佈新規則的新聞稿稱，這與政府所做的其他關鍵變化一致，例如總統公告要求僱主在簽證資格的條件下支付額外的 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 的股票在指數中跌幅最大，下降超過 3%，此前_Moneycontrol_報道該 IT 服務公司正在與一家全球數字工程公司進行高級談判，交易價值超過 10 億美元，可能成為該行業最大的交易之一。</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、塔塔諮詢服務（TCS）和 HCL 科技的股票均下跌超過 1%，而 Infosys、Wipro 和 Persistent Systems 的股票則小幅上漲，交易在紅色區域。</p>
</div><p>Follow all LIVE updates from the stock markets here.</p>
<div class="lb-trans"><p>請在此處關注股市的所有實時更新。</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>免責聲明：Moneycontrol 上專家表達的觀點和投資建議僅代表他們個人的觀點，並不代表網站或其管理層的觀點。Moneycontrol 建議用户在做出任何投資決策之前諮詢認證專家。</em></p>
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印孚瑟斯技術提高入門級薪資後，IT 股票下跌至多 3%：分析師的看法