Infosys shares slip below ₹1,000 for first time since 2020 as IT rout deepens; m-cap falls to ₹4 lakh crore
Shares of Infosys, the country’s second-largest IT services company, have remained under sustained selling pressure, with the decline deepening further in Wednesday’s trade, July 1. The stock fell another 1.1% to ₹986.90 apiece.
This marks the first time Infosys has slipped below the ₹1,000 mark since September 2020, highlighting the sharp deterioration in investor sentiment toward technology stocks.
