As of 9:23 AM, IT stocks opened in the red, continuing the downtrend from previous sessions. LTIMindtree led the losses, dropping 1.46% to ₹6,361.75. Here’s a snapshot of other major IT stocks:
- Tata Consultancy Services (TCS) down 1.12% at ₹4,455.00.
- Infosys (INFY) declined 1.33%, trading at ₹1,926.60.
- Wipro fell 1.63% to ₹542.90.
- Tech Mahindra (TechM) dropped 1.69%, priced at ₹1,623.60.
The sector remains under pressure amid concerns over revenue growth and margin stability, with broader market trends influencing IT stocks’ performance.
