The market valuation of TCS tumbled Rs 90,198 crore to Rs 9,74,043 crore, while Infosys' valuation eroded by Rs 70,780 crore to Rs 5,55,287 crore ... .
The combined market valuation of six of the top 10 valued firms eroded by more than Rs 3 lakh crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest laggards amid a bearish trend in equities ... .
The combined market valuation of six of the top-10 most valued firms eroded by more than Rs 3 lakh crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest ...
The market panic began after AI startup Anthropic released 11 open-source plugins for its Claude Cowork tool last month, triggering a widespread sell-off in software-as-a-service stocks ...Recently, TCS dropped to its lowest level since September 2020.
Stock market crash. Amid a sell-off in US tech stocks, Indian IT majors such as TCS and Infosys recorded significant losses, raising concerns about potential layoffs and weakened balance sheets ....