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Rs 2.5 lakh crore wiped out: Why Nifty IT just recorded its worst week since 2020

Posted on April 25, 2026
By Business News Today
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1 min read

Rs 2.5 lakh crore wiped out: Why Nifty IT just recorded its worst week since 2020

Indias Nifty IT index plunged 10% in a week, marking its steepest fall since March 2020, as weak Q4 earnings and cautious guidance triggered heavy selling. Analysts warn of further downside, with FIIs exiting and technical indicators weakening, even as some see long-term opportunities in mid-cap IT stocks.