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The Economic Times — Marketseconomictimes.indiatimes.com

Indian tech’s Nifty share shrinks to record low on AI worries (opens original article in a new tab)

TL;DR

Indian tech's Nifty share hits record low as AI fears drive selloff, reducing sector's influence in stock market.

  • Indian IT sector's weight in Nifty 50 fell below 7.6%
  • Nifty IT Index dropped 29% this year due to AI concerns
  • Infosys and TCS dropped in Nifty 50 weight rankings
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