AI Wave Hits Indian IT Stocks: A Tsunami of Market Woes
February 4, 2026, marked a tumultuous day for the Indian IT sector as stocks plummeted up to 8%, led by Infosys, TCS, and Wipro. A staggering ₹2 lakh crore in market cap evaporated, spurred by the launch of Anthropic's advanced AI tools. Investors brace for the AI revolution reshaping IT outsourcing.
Feb 4