Indian IT stocks slide over 4% to four-month low

Shares of Indian software exporters slid more than 4% on Thursday, hit by persistent fears of AI-led disruption in the sector and compounded by stronger-than-expected U.S. jobs data that dimmed hopes of near-term interest rate cuts.

Feb 12, 2026 - 07:00
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Indian IT stocks slide over 4% to four-month low
Shares of Indian software exporters slid more than 4% on Thursday, hit by persistent fears of AI-led disruption in the sector and compounded by stronger-than-expected U.S. jobs data that dimmed hopes of near-term interest rate cuts.

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