Infosys, Wipro shares crash to 6-year lows as IT sell-off gathers pace; what is weighing on the sector?

As reported by mint - markets

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.

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Infosys, Wipro shares crash to 6-year lows as IT sell-off gathers pace; what is weighing on the sector?

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