IT Selloff Pushes Realty Stocks Lower

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.
Scoring Rationale
Credible, market-moving sector selloff reporting; limited long-term novelty and driven mainly by short-term sentiment and specific announcements.
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