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IT stocks stumble as Nvidia statement spooks investors
Financial Express Bengaluru
|March 18, 2026
SHARES OF IT companies fell on Tuesday as AI disruption worries spooked investors.
The Nifty IT index dropped 2.6% intra-day before settling with a 0.97% loss.
Coforge led the day’s rout with an intra-day fall of 6.71% before recovering almost all the loss to close down 0.06% on the NSE.
Among large-caps, Wipro saw the maximum impact with an intra-day low of 3.52% before closing down 2.06%. Infosys dropped 1.26%, HCLTech fell 0.59% and TCS was down 0.63%.
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