TCS, Infosys to Wipro: Indian IT stocks may have a Black Friday as US tech stocks slump on AI disruption fears
The Nifty IT Index plunged 5.5% in the previous session, led by sharp declines in Coforge, Tech Mahindra, Oracle Financial Services Software and Infosys. The index has fallen nearly 7% over the past week and is down about 13% so far this year, reflecting sustained selling pressure.
The Nifty IT Index plunged 5.5% in the previous session, led by sharp declines in Coforge, Tech Mahindra, Oracle Financial Services Software and Infosys. The index has fallen nearly 7% over the past week and is down about 13% so far this year, reflecting sustained selling pressure.
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