IT Stocks Live: TCS, Infosys, Wipro, Tech Mahindra, HCL Tech, Coforge shares continue downfall on second trading session after Liberation Day tariffs

The National Stock Exchange (NSE) in Mumbai, India, on Wednesday, Feb. 19, 2025. Carlyle Group Inc.’s Hexaware Technologies Ltd. rallied on Wednesday after India’s first billion-dollar initial public offering of 2025, signaling investor appetite for new listings remains strong despite the weakness in broader markets. Photo by Indranil Aditya/Bloomberg
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Indranil Aditya

• 09:53 | April 4, 2025
  

  Nifty IT index down 2.08 per cent to 34,034.60 as at 9.53 am.
  

• 09:53 | April 4, 2025
  

  IT stocks live: India’s IT sector unfazed by US tariffs, but manufacturing and exports face hurdles, say experts
  

  While India’s IT services sector remains shielded from the latest US tariff hikes, industry experts warn of broader economic ramifications. Experts also stress that India’s IT services sector, a major economic driver with $205.2 billion in exports in FY24, remains resilient, buoyed by strong US-India collaboration and demand for AI, cybersecurity, and enterprise tech solutions. However, reciprocal tariffs may pressure industries reliant on IT spending, prompting businesses to optimise costs and automate processes.

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Published on April 4, 2025