September 20, 2026
Business

IT stocks go into a tailspin as US data adds to AI disruption(Soban News)

Indian software services stocks experienced a significant sell-off, with the Nifty IT index dropping over 5% for the second time in under 10 days. Unexpectedly strong US jobs data and growing concerns about AI’s disruptive potential are weighing heavily on investor sentiment and valuations.

​Indian software services stocks experienced a significant sell-off, with the Nifty IT index dropping over 5% for the second time in under 10 days. Unexpectedly strong US jobs data and growing concerns about AI’s disruptive potential are weighing heavily on investor sentiment and valuations. by Soban News (international And National News)

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