Скачать или смотреть IT Stocks Under Pressure: Infosys, Tech Mahindra Tank, Dragging Nifty Down | India Today News

Indian IT stocks faced significant selling pressure at market opening, with the Nifty IT index falling over 3.5%. Heavyweights like Infosys, Wipro, TCS, and Tech Mahindra saw sharp declines, with Tech Mahindra being one of the top losers, down almost 5%. The negative sentiment follows action in the American Depositary Receipts (ADRs) on Friday, where Infosys' ADR saw its highest trading volume since October 2019. Experts state the sell-off is a knee-jerk reaction to concerns over factors like higher visa costs, which are projected to impact the EBITDA of major IT firms in FY26. While one analyst called it a 'reboot for the IT' sector, another advised caution, stating investors should, "keep your tech exposure at the lowest, maybe just about 5% of your portfolio could be in tech."

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