On September 28, 2026, the market experienced a crash: Infosys was the only Sensex stock to close higher, while Larsen & Toubro was the biggest loser.
1 report, 1 independent
Updated Mon 00:00
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What happened
On September 28, 2026, the market experienced a crash: Infosys was the only Sensex stock to close higher, while Larsen & Toubro was the biggest loser.
Who's involved
What this event is mainly aboutKeep exploring
Part of
A market sell-off is underway, causing steep declines in the shares of major IT service providers including Infosys, Wipro, HCL, Larsen & Toubro, and Bharti Airtel.Also in this story
- HCL Technologies stock decline is noted as a reflection of broader market weakness.
- Escalating tensions drove Brent crude prices up, negatively impacting various companies in the Indian market, including HCL Technologies, Bharti Airtel, and Apollo Hospitals.
The entities involved
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Infosys
Indian multinational technology company
- Major Indian IT companies, including TCS, Infosys, Wipro, and HCL, are currently locked in a fierce competition for market leadership, with TCS also vying with Reliance Industries.
- Major Indian IT companies including TCS, Infosys, Wipro, and HCL experienced significant stock price declines on January 1, 2026, amidst market corrections and expert commentary on TCS.
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Larsen & Toubro
Indian multinational conglomerate company
Nothing else this week.
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Hindustan Unilever
Indiconsumer goods company
- FMCG sector weakness is currently impacting the stock prices of major companies including Britannia Industries, Tata Consumer Products, Marico, Radico Khaitan, Hindustan Unilever, and Varun Beverages.
- Hindustan Unilever and Tata Elxsi hit 52-week lows amid subdued trends, driven by high crude prices and FED headwinds.
Related events
- Indian stocks showed mixed performance on July 6, 2026, amid monitoring of elevated crude oil prices.
- On September 3, 2026, several major Indian companies showed mixed performance in the BSE Sensex.
- On July 1, 2026, market performance was mixed: Bharti Airtel, Infosys, Axis Bank, and Hindustan Unilever gained, while Bajaj Finance lost.