TCS share: IT major Tata Consultancy Services (TCS) share price tumbled over 5% to hit its 52-week low of ₹2,752.75 in intra-day deals on Thursday, February 12, 2026 amid the broader AI-led tech selloff. This marked the first instance since December 2020 that the market capitalization of the IT major slipped below the ₹10 lakh…
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…
Wipro, TCS, and LTI Mindtree were among the few Nifty IT constituents that traded with sharp gains in today’s session (February 1), defying the broader sell-off in the Indian stock market. Wipro shares surged 4.6% to hit the day’s high of ₹247.3 per share, followed by LTI Mindtree, TCS, Persistent Systems, Mphasis, and Coforge, which…
