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Shares of Indian IT companies fell after IBM reported disappointing Q2 earnings, resulting in a 25.21% drop in its stock.
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India
Who
IBM, Infosys, TCS, Wipro
What
Shares of Indian IT companies fell after IBM reported disappointing Q2 earnings, resulting in a 25.21% drop in its stock.
When
Wed, 15 Jul 2026 04:04:11 GMT · 2h 16m ago
Where
India ·
Why
IBM's disappointing Q2 earnings raised concerns over demand trends ahead of upcoming quarterly earnings announcements for Indian IT companies.
The Frontline Impact
How this affects you
The Nifty IT index declined around 2% following IBM's stock drop, impacting investor sentiment for Indian IT firms.
Story chain
2 events in this thread- Markets1h 22m agoIndian IT stocks slipped after IBM shares crashed 25% on weak earnings.Open article
- Currently Reading2h 16m agoShares of Indian IT companies fell after IBM reported disappointing Q2 earnings, resulting in a 25.21% drop in its stock.
Verified Sources & Citations
- HIGHLiveminthttps://www.livemint.com/market/stock-market-news/tcs-infosys-to-wipro-ibms-worst-crash-since-1968-rattles-indian-it-stocks-heres-what-spooked-investors-11784087428278.html
- HIGHNewsXhttps://www.newsx.com/business/ibms-25-stock-crash-jolts-indian-it-stocks-should-tcs-infosys-and-wipro-investors-worry-248656/