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Business

IT Stocks Crash 3.6% as Coforge Chairman Resigns Following Board Audit Review

Coforge shares plummet 8.6% as Chairman O P Bhatt steps down; Infosys, TCS, Wipro, and Tech Mahindra fall up to 4% on broader sentiment drag.

Stock Live

September 11, 2026• 4 min read

IT Stocks Crash 3.6% as Coforge Chairman Resigns Following Board Audit Review — Image representation of it stocks crash 3.6% as coforge chairman resigns following board audit review

Mumbai: The Nifty IT index sank 3.6% triggered by the immediate resignation of Coforge chairman O P Bhatt over internal board audit deliberations, dragging down major tech services peers.

#Business#News#Update

About Stock Live

Stock Live is a senior correspondent at Greenline News covering business and related global events.

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Comments (2)

John Doe2 hours ago

Excellent reporting on this issue. It's crucial that we stay informed about these developments.

Alice Smith5 hours ago

I wonder how this will affect the local communities in the long run. Would love to see a follow-up article.