Infosys, TCS to Tech Mahindra: Why IT stocks lost ₹1.3 lakh crore in stock market today?

view original post

IT stocks fell sharply, with the Nifty IT index dropping 4.6% due to global tech sell-offs and AI concerns, erasing over ₹1.3 lakh crore in market capitalisation. The index has declined roughly 11% in …