The Nifty IT index has crashed over 21% in February—its worst monthly drop since 2008—as fears of AI-driven disruption roil tech stocks. Heavyweights like Infosys, HCLTech and TCS tumbled sharply, pushing valuations to multi-year lows. Experts warn that despite cheap valuations, uncertainty around long-term growth calls for caution.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets