TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?
- Posted on June 3, 2026
- By Business News Today
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- 1 min read
TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?
IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-related disruption concerns, brokerages such as CLSA, Nuvama and Choice Institutional Equities remain optimistic, citing resilient earnings, strong order books and expanding enterprise AI opportunities.
