₹31 trillion wiped out: Why are India’s biggest stocks falling?

By Business Standard

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The Nifty is about 12% below its 52-week high, while 18 of its 50 stocks have fallen more than 20% from their peaks, collectively erasing ₹31.35 lakh crore in market value. IT stocks have seen the steepest declines, led by Infosys, Wipro and TCS. Analysts cite valuation resets, higher global yields, crude prices, profit-booking and sector-specific concerns. AI disruption worries weigh on IT, while banking sector face funding-cost pressures and foreign investor outflows. #nifty50 #stockmarket #stocks Important Playlists National News: https://www.youtube.com/playlist?list=PLK5e1a2965YXb9Oh62yur4MRCdRLL6gCt Business News: https://www.youtube.com/playlist?list=PLK5e1a2965YVXM88oXiuA1JMLZtODGP1y World News: https://www.youtube.com/playlist?list=PLK5e1a2965YW0Swy6-R3i50F5FbtDRiEe BS Decoded: https://www.youtube.com/playlist?list=PLK5e1a2965YWYuC7DEL8Lxl-rhiElowEE Want access to Business Standard’s premium insights? Join our exclusive LinkedIn communities and connect with top voices

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