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5 reasons why tech stocks are falling today – Nifty IT Index plunges over 1,000 points; TCS, Infosys slide 4%

Posted on May 12, 2026
By Financial Express
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1 min read

5 reasons why tech stocks are falling today – Nifty IT Index plunges over 1,000 points; TCS, Infosys slide 4%

The Nifty IT Index plunged over 1,000 points in intraday trade as tech stocks came under sharp pressure. Here are the key reasons behind the sell-off, including AI concerns, rupee weakness and continued FPI selling.