India, Oct. 28 -- Indian IT stocks came under heavy selling pressure on Wednesday, October 28, 2026, with the Nifty IT index falling around 3.9 percent from the previous close. Major stocks from the sector were among the losers as investors turned cautious ahead of the US Federal Reserve's policy decision and continued concerns over growth in the IT services sector also added to the pressure.

Stock in Focus Infosys Ltd shares fell around 5 percent during the session, leading the decline among major IT stocks. Tata Consultancy Services Ltd declined 3.7 percent, while HCL Technologies Ltd dropped 3.64 percent. Tech Mahindra shares fell 4 percent, and Wipro declined 2.5 percent. The selling pressure across these companies indicates that co...