{"id":1002316,"date":"2026-04-10T10:23:08","date_gmt":"2026-04-10T04:53:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1002316"},"modified":"2026-04-10T11:23:35","modified_gmt":"2026-04-10T05:53:35","slug":"tcs-infosys-to-hcl-tech-why-are-it-stocks-crashing-today-despite-gains-on-dalal-street","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/10\/tcs-infosys-to-hcl-tech-why-are-it-stocks-crashing-today-despite-gains-on-dalal-street\/","title":{"rendered":"TCS, Infosys to HCL Tech: Why are IT stocks crashing today despite gains on Dalal Street?"},"content":{"rendered":"<p>IT stocks witnessed sharp losses on Friday, April 10, with the Nifty IT index crashing almost 3% after Anthropic introduced a preview of its new model, Mythos, which is being positioned as a significant leap over earlier models such as Claude Opus on coding and security benchmarks. Meanwhile, TCS logging its first annual dollar revenue decline since listing, despite Q4 recovery, also dampening the sentiment.<\/p>\n<p>In comparison, the Indian stock market rose over 2%, following gains in global equities, despite concerns over the fragile two-week US-Iran ceasefire deal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IT stocks witnessed sharp losses on Friday, April 10, with the Nifty IT index crashing almost 3% after Anthropic introduced a preview of its new model, Mythos, which is being positioned as a significant leap over earlier models such as Claude Opus on coding and security benchmarks. Meanwhile, TCS logging its first annual dollar revenue decline since listing, despite Q4 recovery, also dampening the sentiment. In comparison, the Indian stock market rose over 2%, following gains in global equities, despite concerns over the fragile two-week US-Iran ceasefire deal.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-1002316","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1002316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1002316"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1002316\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1002316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1002316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1002316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}