Coforge, Wipro and other IT stocks fall up to 2% amid Trump tariff jitters

April 4, 2025

Indian IT services stocks fell sharply for the second day in a row, hit by new reciprocal U.S. tariffs. Major companies like TCS, Infosys, and HCL Tech experienced declines, with the Nifty IT index dropping 1.5%. Market sentiment remains weak amid expectations of lower earnings and ongoing uncertainties.

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