IT stocks crack under global AI pressure. Is this a buying chance?
IT stocks crack under global AI pressure. Is this a buying chance? is drawing significant interest across the industry.
The Nifty IT index fell 4.67% by 12 PM, hitting a four-month low. The selloff wiped out nearly Rs 1.3 lakh crore in combined market value in a single session. The IT pack on the Sensex was also down nearly 5%.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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