Persistent Systems, Infosys lead sell-off in IT stocks; index extends weekly drop to 7%

Among the worst hit were Persistent Systems, Coforge, Mphasis and LTIMindtree, which declined between 3% and 5%. Heavyweights including Wipro, Tata Consultancy Services and Infosys were down 2% to 3%.

May 14, 2026 - 15:00
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Persistent Systems, Infosys lead sell-off in IT stocks; index extends weekly drop to 7%
Among the worst hit were Persistent Systems, Coforge, Mphasis and LTIMindtree, which declined between 3% and 5%. Heavyweights including Wipro, Tata Consultancy Services and Infosys were down 2% to 3%.

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