Cognizant to Accenture, Wipro ADRs: US tech stocks fall on AI-led fears, Indian IT stocks likely to follow

IT Stocks: Shares of software and technology firms remained under pressure in overnight deals on Wall Street on Tuesday, February 17 as investor sentiment remained weak from growing fears of AI-driven disruption and diminishing expectations of a near-term interest rate cut by the US Federal Reserve. Concerns that rapid advances in artificial intelligence could upend…

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Growth in IT sector stocks likely to remain muted in the near-term, says analyst

The latest trade deal announcement between India and the US has set an interim framework for reciprocal trade alignment, marking a significant milestone in India–US bilateral relations. The deal aims to enhance market access, reduce tariffs, and foster economic cooperation for both partners amid global supply chain realignments. The policy addresses longstanding trade imbalances, with…

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