New Delhi, March 17 -- Shares of Infosys, the country's second-largest software maker, came under renewed selling pressure in Tuesday's session, March 17, falling nearly 3% to Rs.1,215, marking the lowest level since April 2023, as the sell-off in tech stocks continued to expand even as the broader market showed signs of recovery.

Today's decline has brought the stock's month-to-date fall to 5%, following a sharp 21% crash in February, which was also the steepest monthly decline the stock has seen in over a decade.

The sustained sell-off has wiped out Rs.1,72,530 crore from the company's market capitalisation in less than two months, bringing it below the Rs.5 lakh crore mark to around Rs.4.92 lakh crore at today's low. At its peak, the...