IT Stocks Index Down 20%: Infosys, TCS, and HCL Tech Extend Selloff
India’s IT stocks are facing one of their sharpest corrections in recent months. The Nifty IT index has fallen nearly 20 percent in February, wiping out billions in market value. Heavyweights like Infosys, Tata Consultancy Services, and HCL Technologies have extended their selloff as fears of artificial intelligence disruption, global slowdown, and weak client spending…