Kotak Institutional Equities
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India's IT stocks head for worst day in 4 months on AI disruption worries; TCS plunges 9%
India's IT stocks head for worst day in 4 months on AI disruption worries; TCS plunges 9% June 3 : India's information technology stocks were headed for their worst day in four months on Wednesday as renewed concerns that artificial intelligence could disrupt traditional software services rattled investors. The IT index was down 5.8 per cent at 29,310.25 points. If losses hold, this would be its worst day since February 4.