India's IT sector sees its Nifty 50 index weight hit a record low, driven by AI disruption fears and underperformance, limiting passive fund inflows and market influence.
This decline is largely due to fears of artificial intelligence (AI)-led disruption
Jun 24, 2026
04:11 pm
What's the storyIndia's information technology (IT) sector is witnessing a major decline in its dominance on the country's stock market.
The combined weight of five top IT companies in the Nifty 50 index has fallen below 7.6%, the lowest since at least 2002, Bloomberg reported.
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