The sell-off in IT stocks was triggered by an announcement from US-based AI startup Anthropic. (AI image) The negative sentiment mirrored weakness on Wall Street, where the technology-heavy benchmark ...

Another round of selling in American Depository Receipts (ADRs) of Infosys Ltd and Wipro Ltd is likely to weigh on Indian IT stocks on Friday. Infosys ADRs plunged 9.4 per cent to settle at $14.21 on ...

IT stocks such as Infosys Ltd, Wipro Ltd and Tata Consultancy Services Ltd (TCS) were staring at selling pressure on Wednesday morning, tracking a sharp rout in US and European data analytics, ...

Following the optimistic period of 2021 until September-October 2022, during which major IT services firms like TCS, Infosys, Wipro, HCL, Tech Mahindra, Cognizant, and Accenture enthusiastically ...

NEW DELHI: US -listed shares of major Indian companies surged after US President Donald Trump announced a trade deal cutting US tariffs on Indian goods to 18% from 50%, in return for India agreeing to ...

Under the partnership, Infosys plans to integrate Anthropic's Claude models into its Topaz AI platform to build so-called "agentic" systems.

The Indian stock market extended its bull run for the third straight trading session on Wednesday, February 04, but finished with marginal gains as a sharp sell-off across tech stocks weighed on the ...

India, Feb. 12 -- IT stocks witnessed a steep sell-off in today's market session as negative global cues and rising concerns over the long-term impact of artificial intelligence unsettled investor ...

Shares of IT giants Infosys and Wipro fell as much as 6% on Friday after their ADRs dropped up to 10% overnight. Investors grew increasingly wary following Anthropic’s latest AI product — designed to ...

IT stocks saw heavy selling on Friday, with the Nifty IT falling 4.77 per cent to 31,580.05. Infosys dropped 6.12 per cent to 1,301.20, while Coforge declined 5.59 per cent to 1,342.00. TCS fell 4.79 ...

Shares of Indian IT companies are on track for their worst trading session in nearly six years, after Anthropic's new AI plugin tools threatened to upend the business model of the $283-billion ...

The Nifty IT index declined 4.45 per cent trading at 33,534.75 amid broad-based selling in technology stocks. Image Credit: AI Generated Concerns around artificial intelligence (AI) are weighing on ...