IT Stocks: How much threat does AI boom pose to Indian companies? Big fall in IT stocks including TCS, Infosys, Wipro, whom to trust? – market
IT Stocks: The market’s concern is that AI could fundamentally reshape the competitive outlook for software and IT services firms… highlights IT stocks like TCS, Infosys and HCL Technologies witnessed heavy selling pressure after the announcement of Anthropic’s cloud code tool. New tools have raised concerns about AI disrupting traditional IT services and impacting profitability….
