Industry Newsgenerative aiit servicestcsmarket volatility
Indian IT Stocks Plunge On AI Concerns
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7.1
On February 12, 2026, Indian IT stocks tumbled as the Nifty IT index fell 4.8% to 33,408.15 in Bengaluru, with leaders including TCS, Wipro, Infosys and Coforge trading lower and some hitting 52-week lows (TCS ₹2,766; Wipro ₹218.50). The sell-off reflects investor fears that AI-led automation may pressure billing rates and margins, prompting analysts to expect continued volatility and a cautious sell-on-rise strategy.
Scoring Rationale
Sector-wide market move driven by AI disruption fears; limited novelty and single-source market reporting constrain the score.
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