Rs 18 lakh crore wiped out: Has the brutal Indian IT stock crash finally bottomed?
- Posted on May 22, 2026
- By Business News Today
- 0 Views
- 1 min read
Rs 18 lakh crore wiped out: Has the brutal Indian IT stock crash finally bottomed?
India's top IT companies have seen Rs 17.6 lakh crore wiped out in a multi-month bear market. Valuations are at levels not seen since the global financial crisis. Concerns over generative artificial intelligence and weak spending have driven the Nifty IT index down sharply.
