Infosys Hikes Fresher Salaries to ₹21 Lakh; IT Stocks React

Infosys has substantially increased entry-level salaries for specialized tech roles, offering up to ₹21 lakh annually for 2025 graduates. This move has led to a dip in Indian IT stocks, with some falling up to 4%, amid concerns about rising operating costs.

• Infosys hikes entry-level salaries for freshers up to ₹21 lakh for specialized roles.
• This pay structure is highest for Specialist Programmer L3 roles; others range from ₹7-16 lakh.
• Indian IT stocks, including the Nifty IT index, experienced a decline.
• Coforge shares fell up to 4%, while Infosys saw a 0.5% dip.
• Analysts cite intensified competition for AI talent and potential margin pressure.
• Hike is part of Infosys's AI-first strategy to attract skilled digital talent.

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