5 reasons why tech stocks are falling today – Nifty IT index plunges over 1,600 points; TCS, LTM slide 8%
- Posted on June 3, 2026
- By Financial Express
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- 1 min read
5 reasons why tech stocks are falling today – Nifty IT index plunges over 1,600 points; TCS, LTM slide 8%
The Nifty IT Index plunged over 1,600 points in intraday trade as TCS, LTIMindtree, Infosys and other technology stocks came under heavy selling pressure. Here's a look at the five key reasons behind today's sharp decline in IT shares, including profit booking, AI-related concerns and global tech weakness.