Indian IT Sector News
Indian IT Sector
Nifty IT Index Falls Over 1% as Global AI Stocks Stage Recovery; Mphasis, HCL Tech, Infosys Down 2-3%
Nifty IT falls 1.22% as Mphasis and HCL Tech decline over 2%, with AI monetisation concerns and cautious client spending weighing on sentiment.
Claude AI Targets SaaS Models, IT Stocks Slide as Layoff Fears Grip Indian Tech Sector
The global technology sector, particularly IT and SaaS-linked stocks, faced heavy pressure this Wednesday, with declines stretching from Wall...