S7/10Economic

Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?

Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolonged higher interest rates.

The selloff was compounded by lingering worries about AI-driven disruption and its potential impact on future technology spending and demand from key US clients.

11 Jun 2026, 07:40 UTCSource: Economic TimesOriginal source

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