AI concerns wipe ₹2 lakh crore from top IT stocks

Concerns around artificial intelligence disruption erased nearly ₹2 lakh crore in market capitalisation from major Indian IT stocks.Investors reacted to fears that rapid AI adoption could pressure traditional outsourcing revenues and margins.Heavyweight IT companies saw sharp sell offs as sentiment weakened.Analysts say near term volatility may persist,while long term performance will depend on how firms adapt business models,pricing strategies, and AI led service offerings