The shares of Oracle Financial Services Software (OFSS) tumbled more than 7%, while those of Wipro, Coforge, Infosys and other IT companies dropped up to 2% despite the overall positive market sentiment on Monday.
OFSS shares plunged to Rs 11,061 apiece, on track to record the sharpest single-day fall since late July. It is currently the top loser on the Nifty IT index, which is down over half a %.