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India Business · livemint.com · Thursday, 2 July 2026

Infosys falls below ₹1,000, wiping ₹2.5 lakh crore off market cap

Infosys dropped to ₹986.90, slipping below ₹1,000 for the first time since September 2020 and shaving about ₹2.53 lakh crore off its market value, now near ₹4 lakh crore. The sell‑off reflects amplified AI disruption worries, muted earnings and US rate‑rise expectations, leaving the Nifty IT index as the year’s weakest sector.

Read the source: livemint.com ↗In the 2 July issue →