Sterlite Tech shares slide 5% after rallying 56% in one month. Here's why
- Posted on June 8, 2026
- By Business News Today
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- 1 min read
Sterlite Tech shares slide 5% after rallying 56% in one month. Here's why
Sterlite Technologies shares hit the lower circuit on Monday as a sharp global selloff in AI and technology stocks dented investor sentiment. The decline comes after the stock's stellar 474% rally in 2026 and a 56% gain over the past month, with shares locked at Rs 588.30 on the NSE amid profit-booking and weakening AI optimism.
