Shares of Indian software companies tumbled on Wednesday, mirroring substantial declines among their regional counterparts. Tata Consultancy Services experienced a drop of up to 6 percent, marking its most significant single-day fall since April 7, while Infosys saw a decline of 6.2 percent. All ten constituents of the Nifty IT index traded lower, driving the index down by 6 percent and recording its largest intraday drop since April.
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