AI phobia, US jobs data wipe out ₹4 trillion for IT shareholders in six weeks

A combination of ‘higher-for-longer’ US interest rates and the rapid evolution of autonomous AI agents has triggered a massive sell-off in Indian IT, with TCS and Infosys bearing the brunt.

AI phobia, US jobs data wipe out  ₹4 trillion for IT shareholders in six weeks
A combination of ‘higher-for-longer’ US interest rates and the rapid evolution of autonomous AI agents has triggered a massive sell-off in Indian IT, with TCS and Infosys bearing the brunt.

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