TCS, Infosys, HCLTech fall up to 4%: Why IT stocks are under pressure today

Asian markets surged on Friday, with South Korea's KOSPI staging a record rebound as Wall Street gains lifted AI-linked shares. The move raised hopes that the recent sell-off in AI assets may be nearing an end even as the yen and U.S. yields stayed in focus.

Jul 31, 2026 - 07:00
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TCS, Infosys, HCLTech fall up to 4%: Why IT stocks are under pressure today
Asian markets surged on Friday, with South Korea's KOSPI staging a record rebound as Wall Street gains lifted AI-linked shares. The move raised hopes that the recent sell-off in AI assets may be nearing an end even as the yen and U.S. yields stayed in focus.

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