India’s IT Sector: The Art of Buying Fear

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India’s IT Sector: The Art of Buying Fear

By mid-2026, the same sector had become one of the market’s biggest disappointments. The correction has been brutal. The Nifty IT index fell 5.8 per cent on June 3, 2026, its worst single-day fall in four months, after already declining 24 per cent in 2026 and 13 per cent in 2025. Together, that is a near-40 per cent wealth erosion from the sector’s recent highs.

By mid-2026, the same sector had become one of the market’s biggest disappointments. The correction has been brutal. The Nifty IT index fell 5.8 per cent on June 3, 2026, its worst single-day fall in four months, after already declining 24 per cent in 2026 and 13 per cent in 2025. Together, that is a near-40 per cent wealth erosion from the sector’s recent highs. 

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