Infosys shares declined on August 21, 2026, amid negative sentiment across the Indian IT sector. Financial services firm CLSA downgraded the stock to a Hold rating. The Nifty IT index ended a two-day gaining streak, with Infosys ranking among the session's biggest laggards. Market participants cited concerns regarding pricing deflation driven by rapid Artificial Intelligence adoption. This technological shift threatens future revenue streams for major technology service firms.