22 Sep 2025 | 3 Mins Read
Infosys and TCS lead IT stocks' ₹1 lakh crore market cap erosion
Flipitmoney
Tata Consultancy Services Ltd. (TCS) and Infosys Ltd., India's largest IT services providers, lost ₹51,000 crore in market capitalization on September 22 due to the latest H-1B visa norms changes. TCS fell 3% and Infosys also lost 3% of its shares, causing a market cap erosion of ₹34,000 crore and ₹17,000 crore respectively.