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IT stocks came under heavy selling pressure on Thursday, February 12, following a sharp sell-off in global technology stocks amid renewed concerns around disruptions caused by AI-led start-ups.
Infosys shares plunged 5.18 per cent to hit a low of Rs 1,396 apiece. TCS tanked 4.58 per cent to Rs 2,776. HCL Tech dropped 4.55 per cent to Rs 1,480.50. Wipro declined 3.76 per cent to Rs 221.10.
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Rs 1.3 lakh crore wiped off! Why TCS, Infosys and other IT stock prices have plunged up to 5%?
India's technology sector faced a major selloff on Thursday as the Nifty IT index dropped over 4 per cent to a four-month low. Top IT companies like TCS, Infosys, and Wipro lost more than 4 per cent ...
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