📈 Stocks & Economy🇮🇳 India
Tech Stocks' Worst Week in a Year — Indian IT Giants in the Crossfire
MarketWatch·Saturday, 27 June 2026
It was one of the worst weeks for tech stocks all year, with Wall Street questioning whether the massive spending on AI is actually paying off. The sell-off hit major tech names hard. Investors rotated out of tech and into healthcare and other sectors.
Why It Matters
Indian IT companies like TCS, Infosys, and Wipro earn a big chunk of their revenue from US tech clients, so a sustained tech downturn in the US could hurt their earnings and their stock prices on Indian exchanges.
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