Indian IT stocks are facing a significant downturn in 2026, with major players like TCS and Infosys experiencing substantial drops of up to 38%. Foreign investors have divested heavily from the sector, pulling billions from Indian equities. LTI Mindtree leads the decline, followed closely by Infosys and TCS, as global capital shifts towards East Asian tech manufacturing hubs. This widespread pressure has impacted even large-cap and mid-tier IT firms.
Fed rate hike ‘not urgent’, says John Williams; Austan Goolsbee warns against ‘playing with fire’
Federal Reserve Bank of New York President John Williams stated there could be one more interest rate increase before year-end. He emphasized that the central