After a steep correction in India’s much-touted IT stocks, the combined market capitalisation of India’s top five IT companies now nearly equals to that of Mukesh Ambani-led Reliance Industries at nearly Rs 18 lakh crore.
IT stocks have seen a sharp downturn this year so far, with multiple headwinds leading to the shares of Infosys, Tata Consultancy Services (TCS), HCL Technologies, Tech Mahindra and Wipro crashing up to 36% in 2026 so far. The combined market capitalisation of all these top five IT companies at the end of the trading session on Friday stood at a little over Rs 18.12 lakh crore.
