BusinessPhoto: Mint MarketsIndian IT Stocks Fall Over 2% Amid AI Concerns and Valuation Worries
On October 27, Indian IT stocks including Infosys, TCS, Wipro, and HCL Tech dropped sharply, causing the Nifty IT index to fall 2.3%. Investors are concerned about AI-driven disruption, global uncertainties, and high valuations. Brokerages suggest a possible recovery and valuation re-rating, contingent on future earnings growth.
Mint Markets·




