IT stocks are going through a rough patch globally, hit by AI-led disruptions and concerns that AI automation can disrupt the traditional functions of the sector, such as outsourcing. Investors are also concerned about the mega investments in AI advancements and their impact on the sector going forward, as AI is increasingly getting embedded across…
While Claude isn’t the first to do all of this, it still sent the entire software world into a meltdown over the past few days. In a world awash with technology companies hoping to automate work with generative AI, how did Claude make such a massive splash? mint explains. What is Claude Cowork? Very simply…
Stock market today: The domestic benchmark indices, Nifty 50 and Sensex, entered a consolidation phase on Thursday, with the indices opening nearly unchanged, while IT stocks faced downward pressure and silver prices dropped significantly. Investor caution followed the recent upswing prompted by the India-US agreement, amid emerging concerns affecting certain sectors. The Nifty 50 index…
Indian IT stocks bled on Wednesday, February 4, tracking a selloff in US tech shares and concerns over new AI tools launched by Anthropic. The tools can automate tasks in legal, compliance, marketing, and data analysis—segments where IT services firms generate steady revenues. A stronger Indian Rupee added pressure, as it typically weighs on margins…
Indian IT stocks were bleeding on Wednesday, February 4, mirroring a sharp selloff in US technology counters and reacting to fresh developments around AI startup Anthropic. The trigger was news that Anthropic had launched new AI tools capable of automating tasks in legal, compliance, marketing, and data analysis — areas traditionally serviced by software firms…
While Indian IT stocks crashed on Wednesday amid fears that AI tools could disrupt traditional outsourcing models, Deepak Shenoy, CEO of Capitalmind AMC, offered a practical lens to view the situation — how to contain potential IT job losses in the AI era rather than panic over disruption. Instead of viewing AI as a threat…
IT stocks surged on Tuesday amid a broader rally in the Indian stock market today after US President Donald Trump announced that India and the United States have reached a trade agreement. As part of the deal, reciprocal tariffs on Indian goods will be reduced to 18%, a sharp cut from the earlier proposed 50%,…
Domestic technology stocks staged a strong comeback last week after moving sideways for over a month, supported by better December-quarter growth at large-cap firms, healthier deal pipelines, and management commentary indicating that demand conditions have stabilized. The improved sentiment in the IT sector also helped the Nifty 50 remain higher during the week with mild…
Stock Market Analysis: The impact of many factors was seen in the stock market in the year 2025. Where foreign institutional investors stayed away from the Indian market. At the same time, many concerns emerged regarding trade tariffs, due to which there was a lot of volatility in the market. However, during this period, market…
The IT index underperformed the benchmark Nifty 50 significantly in 2025. While the benchmark index rose 10.51%, the Nifty IT index dropped 12.6% last year. Most major IT companies, including TCS, HCL Tech, and Infosys, suffered losses in double digits in 2025. However, after the recent correction, several experts have started spotting value emerging in…
