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 of their value. The sector’s total market value fell by Rs 1.3 lakh crore due to fears about…