TCS, Infosys, HCLTech fall up to 4%: Why IT stocks are under pressure today

TCS, Infosys, and HCLTech shares fell up to 4% on Friday as investors booked profits. The Nifty IT index dropped nearly 3% after a sharp rally this month. Global sentiment shifted back toward AI-linked chipmakers following a strong rebound on Wall Street, causing many traders to sell their IT stocks.