Nifty IT index fell to its lowest level since April 2023 on Tuesday, touching 26,425 points. The index is now down over 42% from its record high and nearly 30% since February 2026. All constituents traded in red except Persistent, while TCS, Infosys, and HCLTech hit multi-year lows. Concerns over US interest rates and Accenture's weak outlook weighed on sector.