TCS, Wipro to Infosys: US-Iran war inflicts fresh pain! IT stocks crash up to 6% after ₹5.7 lakh cr AI-led rout in Feb
IT stocks crashed another 6% in intraday trading on Monday, March 2, after the US-Iran war, extending the abysmal performance seen last month amid worries that artificial intelligence (AI) could disrupt the labour-intensive IT sector in India by streamlining project timelines and reducing order wins. Source