IT stocks plunge on renewed AI fears after biggest rally in a year

The Nifty IT index slumped 5.6 per cent, its steepest fall in four months, as concerns over AI-driven revenue deflation weighed on investor sentiment

Jun 3, 2026 - 21:00
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IT stocks plunge on renewed AI fears after biggest rally in a year
The Nifty IT index slumped 5.6 per cent, its steepest fall in four months, as concerns over AI-driven revenue deflation weighed on investor sentiment

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