If you're an investor in Indian tech giants like TCS, Infosys, or Wipro, today's market action must feel like a punch to the gut. The NIFTY IT index has just suffered a brutal 10%+ plunge in just two trading sessions , dragging the broader market down with it. On Thursday, the index nosedived as much as 5.24% to hit a low of 31,422.60 on the NSE. And there was no mercy on Friday morning either – stocks tumbled again amid a fresh wave of selling triggered by overnight chaos in US tech shares. This isn't just a blip. It's the sharpest sell-off in the IT sector in years, wiping out lakhs of crores in market value. But what's really behind this IT stocks bloodbath ? Is it panic over AI, macro headwinds from the US, or something deeper? Let's break it down step by step, with no sugarcoating. Rs 1.3 lakh crore shock! Why TCS, Infosys, other IT stocks fell up to 5% - The Economic Times The Numbers Don't Lie: A Two-Day Carnage Let's put the pain into perspecti...
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