09 Oct 2025 | 5 Mins Read
Nifty IT index drops 27%, should investors re-enter or wait further
Flipitmoney
The IT pack saw a sharp 27% fall from December 2024 highs due to H1B visa concerns and tightening US discretionary spending. Indian IT firms face raised operating costs and fear protectionist measures. The Nifty IT index has plunged into a deep correction, with TCS recording losses over 30%, and earnings projections cut due to AI adoption and macroeconomic uncertainties.