New Delhi, Dec. 26 -- Domestic tech stocks are witnessing heavy losses in Friday's session, December 26, after the country's second-largest tech company, Infosys, raised its entry-level salaries for freshers.

Nine of the ten constituents of the Nifty IT index are trading in the red, led by Coforge, which dropped 4%, followed by Mphasis, Tech Mahindra, LTIMindtree, Tata Consultancy Services, and HCL Technologies, which fell between 1% and 1.5%. Infosys shares also traded lower, down 0.5% at Rs.1,657 apiece as of 1:45 PM.

Tracking losses in major tech stocks, the Nifty IT index slipped 1% to 38,600 and is poised to end the week 0.2% lower.

According to social media posts cited and reviewed by Moneycontrol, the tech giant has raised its s...