← Top stories
Market move▼ Bearish for Infosys
10 Nifty 50 stocks, including Infosys and TCS, posted double-digit losses in September as market sell-off deepens
The brief
- 10 Nifty 50 stocks, including Bajaj Finserv, Infosys and TCS, posted double-digit losses in September
- The sell-off was linked to high crude prices and overseas selling
- Continued pressure could weigh on Indian large-cap stocks, including Infosys, TCS and Bajaj Finserv
- Bajaj Finserv Share Price Live Updates: Bajaj Finserv Current Market Status
- Swiss Re sees India commercial insurance as key growth opportunity
- Bajaj Finserv Share Price Live Updates: Bajaj Finserv's Price and Performance Snapshot
- Sensex, Nifty open cautiously today; IT stocks bleed as crude, yields bite
Indian IT stocks’ September sell-off and rebound
The IT sector fell 26.54% year-to-date and 17.4% over 12 months, while Nifty IT lost more than 11% in September against a 6% fall in the Nifty 50. Infosys slipped below ₹1,000 and Wipro hit a six-year low; Citi cut its TCS target price and maintained a Sell rating.
Wednesday, 30 September
- 10 Nifty 50 stocks, including Infosys and TCS, posted double-digit losses in September as market sell-off deepens