Industry Newsit sectorreal estateanthropicmarket volatility
IT Selloff Pushes Realty Stocks Lower
7.1
Relevance Score
Real estate stocks plunged on Tuesday after a severe IT-sector selloff, with the Nifty Realty index down 3% to 819.15 and all ten constituents trading lower. The broader Nifty fell 1.4% to 25,361.50 and the Sensex lost 1,300 points to 81,934.73 as IT names including TCS, Infosys and HCL tumbled following Anthropic's Claude Code COBOL modernization claim. The rout raises short-term concerns over office and housing demand linked to India's tech employment.


