Infosys, TCS to HCL Tech: IT stocks extend selloff; index down 20% in February amid AI disruption fears
IT stocks selloff: The selloff in IT stocks showed no signs of abating as the index declined for the fifth day in a row on Tuesday, February 24, amid persistent fears of AI-driven disruption.
The Nifty IT index tanked 3.5% to a fresh 52-week low of 30,417.75,