AI fears trigger eight weeks of bloodbath: Is Nifty IT facing a pause or the start of a bigger tide?
๐ 1 min read
India’s IT stocks are facing an eighth consecutive week of losses, wiping out significant market value and sparking debate. While some fear AI’s disruptive impact, others see a buying opportunity amid historical rebounds. Foreign investors have exited, but a domestic fund is increasing its IT holdings, betting on a recovery.
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