Tech majors TCS, Infosys, Tech Mahindra drop 2-3%; IT index worst hit sector, slips 2%
On December 31, Indian information technology (IT) stocks faced significant losses, with major players such as Tata Consultancy Services (TCS), Infosys, and Tech Mahindra dropping 2-3%. The broader IT index was the worst-performing sector on the day, sliding over 2%. This drop in stock prices can be attributed to multiple factors, with the primary reason…