Another AI aftershock sends Indian IT stocks for a tumble
· economictimes.indiatimes.com
Indian IT shares extended their seventh straight session of losses as Anthropic's new AI model intensified investor fears of revenue disruption. Global tech stock declines, particularly in the Nasdaq, further fueled the sell-off. Analysts suggest a potential cyclical recovery in September, but caution that geopolitical tensions could cause delays.
ET Bureau 7th session of losses Anthropic’s new AI model renews investor fears amid a global tech rout. A cyclical recovery in Sept could provide the first si...