IT Index In Bear Territory: IT Stocks Sink Up To 43%; Should You Buy The Fear?


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India’s IT sector faces pressure from Trump tariffs, US recession risks, weak earnings, and broker downgrades.

IT Stocks Fall: Infosys, Wipro, TCS Affected by Trump’s Tariff Concerns

Indian Stock Market Today: India’s IT sector has encountered a hurdle, with stocks experiencing a stark decline recently. The challenge is put forth on several prongs – from rising US recession fears triggered by Trump-era tariffs to weak earnings projections and a flurry of broker downgrades.

All 10 stocks in the Nifty IT index have fallen into bear territory—dropping more than 20% from their peaks. Major companies like TCS (-26%), Infosys (-25%), and HCL Tech (-27%) are among the hardest hit. Oracle Financial Services Software (OFSS) has taken the biggest hit, plummeting 43%. The Nifty IT index itself has declined about 23% from its highs, making the IT sector the most significant casualty in India’s stock market downturn this year.

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News business » markets IT Index In Bear Territory: IT Stocks Sink Up To 43%; Should You Buy The Fear?

Umair

Muhammad Umair is a passionate content creator, web developer, and tech enthusiast. With years of experience in developing dynamic websites and curating engaging content, he specializes in delivering accurate, informative, and up-to-date articles across diverse topics. From gaming and technology to crypto and world news, Umair's expertise ensures a seamless blend of technical knowledge and captivating storytelling. When he's not writing or coding, he enjoys gaming and exploring the latest trends in the tech world.

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