Sep 21, 2026
✦The Economic Times
OFSS shares tumble 7%; Wipro, Coforge, Infosys shares down up to 2%. Why are IT stocks under pressure today?
Shares of OFSS fell over 7% while Wipro, Coforge, and Infosys dropped up to 2% on Monday. The pressure started after reports of Oracle’s $18 billion data centre debt. Also, US President Donald Trump extended the $100,000 H-1B visa fee by another year, which hit many Indian IT firms hard today.