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AI reset erases nearly half of IT majors’ value
India's top software exporters are projected to lose $200 bn in market value from their peaks due to disruptive AI technology. The aggregate market cap has already fallen by 45% since December 2024, with TCS and Wipro experiencing over 50% declines. This erosion, while significant in absolute terms, is not unprecedented for the sector.
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economictimes.indiatimes.com
AI reset erases nearly half of IT majors’ value
India's top software exporters are projected to lose $200 bn in market value from their peaks due to disruptive AI technology. The aggregate market cap has already fallen by 45%…
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cryptobriefing.com
India's stock market risks dropping out of top five as AI rallies boost Taiwan and Korea
India's $4.3T stock market risks falling out of the global top five as AI-driven rallies in Taiwan and South Korea attract foreign capital to chipmakers.
