{"id":1012208,"date":"2026-06-04T09:21:12","date_gmt":"2026-06-04T03:51:12","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1012208"},"modified":"2026-06-04T09:29:21","modified_gmt":"2026-06-04T03:59:21","slug":"it-shares-crash-after-three-day-rally-tcs-nosedives-8-per-cent","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/04\/it-shares-crash-after-three-day-rally-tcs-nosedives-8-per-cent\/","title":{"rendered":"IT shares crash after three-day rally, TCS nosedives 8 per cent"},"content":{"rendered":"<p>After three sessions of strong buying interest, information technology (IT) stocks crashed on Wednesday as investors rushed to book profits amid the broader market selloff and ongoing AI-related headwinds for the sector. <\/p>\n<p>Tata Consultancy Services (TCS) was the biggest loser among the large-cap companies with its stock crashing more than 8% to settle at 2,245 apiece while heavyweights such as Infosys, HCL Technologies and Tech Mahindra fell between between 4-6%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After three sessions of strong buying interest, information technology (IT) stocks crashed on Wednesday as investors rushed to book profits amid the broader market selloff and ongoing AI-related headwinds for the sector. Tata Consultancy Services (TCS) was the biggest loser among the large-cap companies with its stock crashing more than 8% to settle at 2,245 apiece while heavyweights such as Infosys, HCL Technologies and Tech Mahindra fell between between 4-6%.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-1012208","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012208","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1012208"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012208\/revisions"}],"predecessor-version":[{"id":1012240,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1012208\/revisions\/1012240"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1012208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1012208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1012208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}