Nifty IT Crashes Nearly 6% as Profit Booking Hits Tech Stocks

The Nifty IT index plunged nearly 6% on June 3, snapping a three-day rally as investors booked profits after recent gains. TCS led the decline with a 9% drop, while Infosys, Tech Mahindra, Coforge, LTIMindtree, Mphasis, and Persistent Systems fell 3–8%, dragging the sector sharply lower. $TCS