Nifty IT index slips 4% as Infosys, TCS and Coforge fall
In short
The Nifty IT index fell 4% on Tuesday. Infosys, TCS and Coforge dropped by as much as 5%.
The group had earlier outperformed the market in October 2026. The reason for the slide was not stated in the available reporting.
What the reporting says
The Nifty IT index slipped 4% on Tuesday, with Infosys, TCS and Coforge falling as much as 5%, according to market reporting. The only sourced context says the index had outperformed the market earlier in October 2026, rallying 12% while the Nifty 50 fell 0.05%. The trigger for the drop was not stated in the available reporting.
Why it matters
The Nifty IT index fell 4% on Tuesday, and Infosys, TCS and Coforge dropped as much as 5% in the same move. The only reported context is that the index had rallied 12% in October 2026 while the Nifty 50 slipped 0.05%. No reason for the selloff was stated, so the immediate driver remains unclear for IT stocks and the broader market.