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IT Index Hits 4-Month Low Amid AI Disruption Concerns
IT index falls to 4-month low on AI disruption fears.
The Nifty IT index slipped to a four month low as concerns over artificial intelligence driven disruption and slowing global tech spending weighed on sentiment. Major IT stocks faced sustained selling pressure amid fears that automation could compress margins and reduce traditional outsourcing demand. Analysts believe near term volatility may persist, though selective accumulation is advised in fundamentally strong companies with diversified digital capabilities.