IT Stocks Plunge Up to 6% as Global Tech Sell-Off Hits Markets

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Sharp IT Sell-Off

Shares of major Indian IT names like Infosys, TCS, LTIMindtree and Persistent dropped up to 6% in early trading

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Nifty IT Index Slumps

The Nifty IT index fell around 6%, making it the worst-performing sector in early markets

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Global Tech Weakness

Pressure came from a global tech sell-off as U.S. tech peers fell amid AI disruption worries

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AI Concerns Loom Large

New AI tools raising competition fears in outsourced services triggered risk-off sentiment across IT stocks

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IT Stocks Plunge Up to 6% as Global Tech Sell-Off Hits Markets

Sharp IT Sell-OffShares of major Indian IT names like Infosys, TCS, LTIMindtree and Persistent dropped up to 6% in early trading

Nifty IT Index SlumpsThe Nifty IT index fell around 6%, making it the worst-performing sector in early markets

Global Tech WeaknessPressure came from a global tech sell-off as U.S. tech peers fell amid AI disruption worries

AI Concerns Loom LargeNew AI tools raising competition fears in outsourced services triggered risk-off sentiment across IT stocks

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Sharp IT Sell-Off

Shares of major Indian IT names like Infosys, TCS, LTIMindtree and Persistent dropped up to 6% in early trading

Nifty IT Index Slumps

The Nifty IT index fell around 6%, making it the worst-performing sector in early markets

Global Tech Weakness

Pressure came from a global tech sell-off as U.S. tech peers fell amid AI disruption worries

AI Concerns Loom Large

New AI tools raising competition fears in outsourced services triggered risk-off sentiment across IT stocks