Indian IT stocks fall up to 6% on AI disruption fears

Indian IT stocks including Infosys, TCS, Wipro fell up to 6% after a new AI tool launched by US startup Anthropic raised disruption concerns. Investors fear automation could reduce demand for traditional outsourcing services. The selloff erased significant market value as sentiment weakened. Analysts say near term pressure may persist, while long term outcomes depend on how IT firms adapt to AI driven business models