IT stocks tumble on AI shockwave: Do technical charts signal risk of deeper corrections?

The Nifty IT index has plunged over 5%, reflecting deep structural challenges amid AI disruptions. Analysts warn that the era of broad-based growth for traditional IT companies may be ending, urging investors to focus on niche segments that leverage AI effectively.

IT stocks tumble on AI shockwave: Do technical charts signal risk of deeper corrections?
The Nifty IT index has plunged over 5%, reflecting deep structural challenges amid AI disruptions. Analysts warn that the era of broad-based growth for traditional IT companies may be ending, urging investors to focus on niche segments that leverage AI effectively.

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