IT Stocks: US Tariffs Spark Sell-Off, Uncertainty for IT Sector

Shares of Infosys, Tata Consultancy Services, and Tech Mahindra plunged up to 9% as US tariffs raised concerns over economic slowdown and decision-making delays. With North America contributing nearly 50% of revenue for top IT firms, slower US growth could impact demand from manufacturing, logistics, and retail sectors. However, potential interest rate cuts and increased outsourcing may offer long-term opportunities for Indian IT stocks.