INFY slid -3.8% on long unwinding in futures
Infosys closed sharply lower, down 3.76% at ₹1,087.50, finishing the session at its day's low after opening with a gap down of 1.81% from the previous close of ₹1,130.00. The stock traded as low as ₹1,085.00 before settling, and it did so on a volume spike to 15.0 times its run rate. The broader weakness in technology names appears to be a factor.
A report from NDTV Profit noted that Nifty IT tumbled 2%, dragging Infosys, LTI Mindtree, Mphasis and Tech Mahindra down by as much as 3%, which situates the shares' fall inside a sector-wide decline rather than a stock-specific event. Nifty itself was down 0.50% on the day.
The futures-and-options footprint points to long unwinding — a reduction in open interest as the price eased. The pack classifies the positioning as Long Unwinding, with open interest down 1.73% alongside a small price fall, meaning the move looks more like holders trimming positions than fresh aggressive selling.
Looking back over the past month, the institutional tape shows a mix of block deals from late June rather than a clear one-way direction. On the selling side, there were block trades involving PI Opportunities AIF and a government pension investment trust, while matching buy prints appeared on the same days, consistent with the off-market crossing of large blocks rather than a directional statement.
The technical backdrop is stretched to the downside. Infosys is trading below both its 50-day and 200-day averages, sits 37.07% below its 52-week high, and the relative strength index reads 40.1. Over the past week the stock lost 4.08% and over the past month 7.45%, so today extends a downtrend that was already in place.
On the daily tape, the stock was trading below its volume-weighted average price and held at the low of the day into the close, with the pack flagging a sustained break below ₹1,085.00 as the point that would signal further downside. Put simply, the data shows a beaten-down large-cap drifting lower inside a weak IT tape, with derivatives showing existing longs being unwound rather than any fresh catalyst.
The numbers
- Last price ₹1,087.50, -3.76% on the day
- Day range ₹1,085.00 – ₹1,109.90
- Opening gap -1.81%
- NIFTY moved -0.50% the same session
Signals that fired
- Volume spike 15.0x
- At day's low
- Gap-and-hold -1.8%
- Below VWAP -0.61%
- Long Unwinding (last close)
F&O positioning
Futures classified as Long Unwinding — open interest -1.7% with price -0.1% in the latest bhavcopy.
Institutional activity
| Date | Side | Counterparty | Type | ₹ Cr |
|---|---|---|---|---|
| 2026-06-29 | SELL | PI OPPORTUNITIES AIF V LLP | Other | 53.2 |
| 2026-06-29 | BUY | VIDYANITI LLP | Other | 53.2 |
| 2026-06-24 | SELL | THE MTBJ LTD. AS TRST FOR GOVRNMNT PENSION INVSTMNT FUND MTBJ400045828 | Other | 63.1 |
| 2026-06-24 | BUY | THE MTBJ LTD. AS TRST FOR GOVRNMNT PENSION INVSTMNT FUND MUTB400045794 | Other | 63.1 |
Technical context
Volume ran at 1.0× its 20-day average; rsi(14) sits at 40; price is 37.1% from the 52-week high.
Recent headlines
- Nifty IT Tumbles 2%: Infosys, LTM, Mphasis, Tech Mahindra Fall Up To 3% — Why? — NDTV Profit (5h ago)
- Dividend, Bonus Issue, Stock Split Record Dates to Mark: Reliance, Infosys, Adani, Tata, Trent, Inox and More — Goodreturns (22h ago)
- 2,805 Call Contracts Traded on Infosys Ltd as Stock Edges Higher Near Rs 1,100 Strike — MarketsMojo (1d ago)
- Is Infosys Ltd (INFY) a Bargain After 3.2% Drop? GF Value Says U — GuruFocus (2d ago)
- Infosys Share Price Today: 2.13% Rise and Peer Analysis — Univest (6d ago)
- Infosys, Mphasis, Persistent, LTM, TechM: Top 5 IT stock picks, target prices — Business Today (6d ago)
- Infosys Share Price August 31, 2026: Down 2.20% to ₹1,625.20 — The Eastern Herald (6d ago)
- Infosys Ltd. Peer Comparison – Compare with Others — Value Research (10d ago)
Sources
- Nifty IT Tumbles 2%: Infosys, LTM, Mphasis, Tech Mahindra Fall Up To 3% — Why? — NDTV Profit
- Dividend, Bonus Issue, Stock Split Record Dates to Mark: Reliance, Infosys, Adani, Tata, Trent, Inox and More — Goodreturns
- 2,805 Call Contracts Traded on Infosys Ltd as Stock Edges Higher Near Rs 1,100 Strike — MarketsMojo
- Is Infosys Ltd (INFY) a Bargain After 3.2% Drop? GF Value Says U — GuruFocus
- Infosys Share Price Today: 2.13% Rise and Peer Analysis — Univest
- Infosys, Mphasis, Persistent, LTM, TechM: Top 5 IT stock picks, target prices — Business Today
- Infosys Share Price August 31, 2026: Down 2.20% to ₹1,625.20 — The Eastern Herald
- Infosys Ltd. Peer Comparison – Compare with Others — Value Research
Keep digging
- INFY — full smart-money page: F&O positioning, deals, insider filings and option chain in one place.
- Today's screens: every stock matching the same setups (buildups, breakouts, volume shockers).
- Newsroom: the other stocks in play this session.