IT stocks under pressure; TCS, Infosys down up to 2 per cent

Mumbai: IT stocks came under pressure led by losses in Infosys and TCS in early trade Monday, even as the broader market witnessed heavy buying after exit poll results suggested another term for the ruling NDA government.

IT index was the only one trading in the red. All other sectoral indices were in the green. Besides, heavyweight IT stocks like Infosys and TCS were trading in the negative territory.