TCS, Infosys, HCL Tech hit 52-week low as IT stocks plunge after OpenAI launches new company

Infosys, HCL Tech and TCS shares hit their 52-week low today as IT stocks witnessed a broad-based sell-off after ChatGPT parent company OpenAI set up a new company, OpenAI Deployment Company, which will help organisations to build and deploy AI systems

May 12, 2026 - 12:00
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TCS, Infosys, HCL Tech hit 52-week low as IT stocks plunge after OpenAI launches new company
Infosys, HCL Tech and TCS shares hit their 52-week low today as IT stocks witnessed a broad-based sell-off after ChatGPT parent company OpenAI set up a new company, OpenAI Deployment Company, which will help organisations to build and deploy AI systems

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