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 Sep 28
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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
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Larsen & Toubro
Indian multinational conglomerate company
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Hindustan Unilever
Indiconsumer goods company
Related events
- Bajaj Finance, Infosys, and Axis Bank were among the biggest Nifty losers on October 19, 2026, alongside a Croatia acquisition.
- Infosys faced selling pressure and finished as a loser, while Tata Steel and Bajaj Finance led Nifty's gains.
- Trent, Eicher Motors, and Bajaj Finance were among the biggest losers on October 22, 2026, while the IT sector led gains in Indian equities.
- Analysts and Kunal Bajaj commented on IT valuations, noting the stock correction is a de-rating story.
- Infosys is experiencing a significant decline due to selling pressure amidst a market downturn.