Infosys, TCS and other IT stocks slide for third straight session as AI worries mount
Indian IT stocks extended their decline for a fourth straight session as investors trimmed exposure amid weak growth visibility, muted client spending and rising concerns over AI-driven disruption. The Nifty IT index fell sharply, with major names including Infosys and Tata Consultancy Services sliding on cautious guidance and deflationary headwinds.
Indian IT stocks extended their decline for a fourth straight session as investors trimmed exposure amid weak growth visibility, muted client spending and rising concerns over AI-driven disruption. The Nifty IT index fell sharply, with major names including Infosys and Tata Consultancy Services sliding on cautious guidance and deflationary headwinds.
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