IT sector shares drop for third consecutive day, ₹1.2 lakh crore wiped out
On Wednesday, Indian IT stocks continued their downward trend for the third day in a row, with HCL Tech and Infosys leading the losses. Infosys has now seen its share price drop for six sessions, while TCS has faced declines for seven days straight. Over the past two-and-a-half days, the Nifty IT index has seen a total market value erosion of more than ₹1.2 lakh crore. During this period, HCL Tech shares fell by 4%, and TCS saw its market capitalization shrink by over ₹37,000 crore.
by shortkt.com✓