HCL Tech Share Price Plunges Over 10%, Wiping Out Rs 38,000 Crore
HCL Technologies' share price experienced a significant drop of over 10%, leading to a loss of approximately Rs 38,000 crore from its market capitalization.
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HCL Technologies' share price experienced a significant drop of over 10%, leading to a loss of approximately Rs 38,000 crore from its market capitalization.
Infosys, HCL Tech, Tata Consultancy Services, Tech Mahindra and State Bank of India were among the biggest laggards

From the Sensex pack, Tech Mahindra, Infosys, HCL Tech, Eternal, Tata Consultancy Services and Maruti were among the biggest gainers
Major Indian IT companies, including Infosys and HCL Technologies, have filed numerous WARN notices in Texas, signaling significant layoffs attributed to the growing impact of AI on large deals and reduced demand for redeployment.
IT giants Infosys and HCLTech are implementing temporary measures due to an LPG gas shortage impacting India.
Tata Consultancy Services (TCS) and HCL Technologies dropped nearly 2%, while Tech Mahindra slipped more than 1%.

Infosys, Tech Mahindra, HCL Tech, and Eternal were among the gainers