TCS, Wipro, HCL Tech: IT stocks rebound after ₹4.85 lakh crore AI-fuelled selloff — Is the worst over?
The bloodbath in IT stocks showed signs of easing as the gauge tracking Indian tech companies extended gains on Tuesday, February 17, amid low-level buying. Several bullish investors are now using the recent tech rout — which wiped out ₹4.85 lakh crore in market capitalization of Nifty IT firms since Anthropic’s February 3 announcement —…