Indian IT stocks plunged on February 4, 2026, after U.S.-based Anthropic introduced a legal-focused tool for its Claude chatbot, sparking investor jitters. Nifty IT fell 5.87% to 36,345.65 and BSE IT dropped 5.5%; Infosys fell 7.4% and TCS dropped 7%, mirroring declines in U.S. tech names including NVIDIA, Microsoft and Alphabet.
Key Points
- 1Report declines in Indian IT indices: Nifty IT down 5.87%, BSE IT down 5.5%.
- 2Attribute sell-off to US tech slide after Anthropic launched legal-focused Claude chatbot tool.
- 3Signal investor sentiment-driven risk; some IT verticals may remain insulated short-term.
Scoring Rationale
Industry-wide market reaction driven by credible sources; limited depth and short-term sentiment limits lasting impact.
Sources
Public references used for this report.
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