Infosys, TCS, HCLTech down: Why are IT stocks falling after the recent rally?

Indian IT stocks fell on Thursday after the US Federal Reserve struck a hawkish tone. The move raised concerns over US technology spending even as lower crude prices supported the broader market.

Jun 18, 2026 - 07:00
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Infosys, TCS, HCLTech down: Why are IT stocks falling after the recent rally?
Indian IT stocks fell on Thursday after the US Federal Reserve struck a hawkish tone. The move raised concerns over US technology spending even as lower crude prices supported the broader market.

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