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Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?

Posted on June 11, 2026
By Business News Today
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1 min read

Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?

Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolonged higher interest rates. The selloff was compounded by lingering worries about AI-driven disruption and its potential impact on future technology spending and demand from key US clients.