TCS, Wipro & Infosys In Red, Nifty IT Hits Lowest Level Since April 2023 — Why Are IT Stocks Under Pressure?

Nifty IT index was down more than 42% from record highs and 30% since February 2026, while all its constituents remained in red as Tata Consultancy Services, Infosys and HCL ech touched multi-year lows.