Infosys and Wipro Shares Crash to Multi-Year Lows Amid Tech Sell-Off

Infosys and Wipro shares hit multi-year lows during Tuesday's trade, with Infosys breaching the ₹1,000 mark to hit ₹980 and Wipro falling to ₹156, its lowest level in six years.

The broader tech sell-off has erased nearly ₹2.43 lakh crore from Infosys's market capitalization in 2026, dropping its valuation to around ₹4 lakh crore, while Wipro's market cap fell below ₹1.6 lakh crore.

Sector-wide weakness is driven by AI disruption fears, muted earnings growth, weak guidance, rising US Federal Reserve rate hike expectations, and sustained foreign institutional investor selling.