TCS, Infosys to Coforge: IT stocks crash up to 8% after three-day rally; what's behind the selloff?
Published on: June 3, 2026, 11:46 a.m. | Source: Livemint
IT stocks fell sharply as profit-booking set in. Analysts highlight the impact of AI on traditional business models and caution against high valuations in a low-growth environment, leading to diminished foreign institutional investor interest.
