{"id":106811,"date":"2026-06-04T11:25:51","date_gmt":"2026-06-04T05:55:51","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=106811"},"modified":"2026-06-04T11:25:52","modified_gmt":"2026-06-04T05:55:52","slug":"it-stocks-fall-tcs-wipro-infosys-ai-jitters-june-4-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/it-stocks-fall-tcs-wipro-infosys-ai-jitters-june-4-2026\/","title":{"rendered":"IT Stocks Continue to Fall on 4 June 2026: TCS, Wipro and Infosys Drag Nifty IT Down Amid AI Jitters"},"content":{"rendered":"
<\/div>\n

Nifty IT: 29,300.05 (-84.40, -0.29%) | TCS -8.76% on Jun 3 | Infosys -4.11% | Wipro -3.20% | Tech M -6% | LTIMindtree -7.54% | Nifty IT down ~22% YTD 2026.<\/em><\/p>\n

IT stocks continued their fall on 4 June 2026, with the Nifty IT index trading at 29,300.05, down 84.40 points or 0.29%, as TCS, Wipro, Infosys, and other technology names extended losses from the sharp selloff in the previous session. The IT stocks decline on 4 June follows a brutal 3 June session where the Nifty IT<\/a> index crashed 1,815 points or nearly 5.8%, with TCS plunging 8.76%, LTIMindtree declining 7.54%, Tech Mahindra dropping 6%, HCL Technologies falling 4.82%, Infosys sliding 4.11%, and Wipro shedding 3.20%.<\/p>\n

The sustained pressure on IT stocks reflects a structural narrative shift: investors are increasingly convinced that generative AI tools from US companies are automating workflows traditionally performed by Indian IT services firms. Bloomberg noted that a gauge of the sector reversed a gain of more than 4% from the prior session, when investors had cheered Nvidia CEO Jensen Huang’s comments dismissing AI disruption concerns, only for overnight weakness in Infosys and Wipro ADRs to renew selling pressure on IT stocks today.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n