Why IT Stocks Are Falling Today – TCS, Infosys, Wipro Explained

IT stocks such as TCS, Infosys, and Wipro often move together because they are influenced by global economic factors. When the sector falls sharply, investors search for the reasons behind the decline. This article explains why IT stocks fall and what affects the Nifty IT index.

Global Interest Rate Expectations

Technology companies depend heavily on global clients. Higher interest rates worldwide reduce corporate spending on technology services.

You may also read how interest rates affect financial markets.

US Market Impact

Indian IT companies earn a large portion of revenue from the US. Weakness in US tech stocks or economic slowdown can affect Indian IT shares.

Currency Movement

The value of the rupee against the dollar impacts IT profitability. A strong rupee can reduce export earnings.

Nifty IT Index Movement

Sector movement is tracked through the market indices. When the entire sector declines, individual stocks usually follow.

Investor Sentiment

Expectations about future growth influence stock movement more than current performance. Negative outlook can trigger selling across the sector.

Conclusion

IT stocks fall mainly due to global economic expectations, currency movement, and investor sentiment rather than company-specific problems. Understanding these reasons helps investors interpret market moves better.