Tech Stocks Slide as Nifty IT Index Falls Over 1,600 Points; TCS and LTM Drop 8%

Indian technology shares experienced a sharp decline today. The Nifty IT index plunged by more than 1,600 points. Leading companies TCS and LTM each fell around 8 percent. Analysts cited several factors behind the sell‑off. Market volatility and global risk concerns were highlighted. Investors are reassessing exposure to the sector. The downturn adds pressure to the broader Indian market. Traders will watch for any policy signals that could stabilize prices.