Infosys, Wipro shares crash to 6-year lows as IT sell-off gathers pace; what is weighing on the sector?
60-Word AI Digest
Infosys and Wipro stocks have faced relentless selling pressure, with Infosys falling below ₹1,000 and Wipro hitting a six-year low. The IT sector has seen its worst downturn since 2022 amid concerns about AI disruption and weak earnings growth.
Key Takeaways
- Infosys and Wipro stocks have faced relentless selling pressure, with Infosys falling below ₹1,000 and Wipro hitting a six-year low.
- The IT sector has seen its worst downturn since 2022 amid concerns about AI disruption and weak earnings growth.
- Full details and original dispatch available below.
Infosys and Wipro stocks have faced relentless selling pressure, with Infosys falling below ₹1,000 and Wipro hitting a six-year low. The IT sector has seen its worst downturn since 2022 amid concerns about AI disruption and weak earnings growth.
Original Publisher Attribution
This summary was curated from Livemint.