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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Nifty IT jumps 3%: Is it the right time to buy IT stocks?

IT stocks witnessed strong gains in intraday trade on Tuesday, February 17, boosting their sectoral index, Nifty IT, by almost 3% during the session. Stocks such as Infosys, HCL Tech, Wipro, Tech Mahindra, and TCS clocked healthy gains as sentiment improved after Infosys announced a strategic partnership with Anthropic to create and implement advanced enterprise…

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IT stocks recover 2% on profit booking after 21% drop from peak: Experts suggest top tech stocks to buy

Stocks to buy: Indian IT stocks including Infosys, TCS, HCL Tech, and others recovered on Tuesday, February 17 with the Nifty IT index gaining over 2% in intra-day deals on profit booking. The IT space has been under pressure recently on concerns that artificial intelligence (AI) will disrupt the sector, increasing competitive pressure within the…

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TCS, Infosys to Wipro: Nifty IT index sees worst fall since 2008 financial crisis, drops 32% from peak

IT stocks: Shares of IT stocks including Infosys, Tata Consultancy Services (TCS), Wipro, and other technology stocks slid again on Monday, February 16, marking the fourth straight session of losses for the sector as concerns over artificial intelligence-led disruption continued to weigh on investor sentiment. The Nifty IT index slipped 1.1% in intraday trade. Over…

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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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