
Indian IT stocks .NIFTYIT extend decline to fall 5.1% to their lowest level in nearly one year
All 10 constituents drop, with index 2nd-biggest loser among 13 major sectors; Benchmark Nifty 50 .NSEI down 4.8% .BO
IT index has slid 12.3% in three sessions since U.S. announced reciprocal tariffs; index down 27% YTD vs Nifty's 8% decline
Analysts have flagged the US-reliant IT sector should brace for a rough year as tariffs could stoke US inflation, forcing clients to cut spending
Market leader TCS TCS.NS to kick off Q4 earnings for sector on Thursday