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India's IT stocks head for worst day in 4 months on AI disruption worries; TCS plunges 9%
June 3 : India's information technology stocks were headed for their worst day in four months on Wednesday as renewed concerns that artificial intelligence could disrupt traditional software services rattled investors.The IT index was down 5.8 per cent at 29,310.25 points. If losses hold, this would be its wo
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timesofindia.indiatimes.com
IT stocks rally: Why are Infosys, TCS and Tech Mahindra shares surging despite AI disruption fears?
IT stocks staged a sharp rebound on Monday, with shares of Infosys, TCS, Tech Mahindra and Persistent Systems climbing up to 5% as investors returned to the sector after months of…
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economictimes.indiatimes.com
IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weakness
Indian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This rebound follows an earlier sell-off…
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TCS shares soar 7%, up nearly 10% in just two sessions! What are technical charts indicating?
TCS shares jumped as much as 7% on Tuesday, extending their two-day gain to nearly 9% as investors snapped up the stock after months of underperformance. The rally was driven by…
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TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?
IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-related disruption concerns, brokerages…
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thehindubusinessline.com
IT stocks tumble: TCS logs biggest single-day fall, Nifty IT slides 5%
TCS experiences its largest single-day decline as IT stocks plummet, with the Nifty IT index dropping nearly 5%.
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channelnewsasia.com
India's IT stocks head for worst day in four months; TCS plunges 9%
June 3 : India's information technology stocks were headed for their biggest single-day drop in over four months on Wednesday as investors assessed the impact of AI on demand for…
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India's IT stocks head for worst day in 4 months on AI disruption worries; TCS plunges 9%
June 3 : India's information technology stocks were headed for their worst day in four months on Wednesday as renewed concerns that artificial intelligence could disrupt…
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TCS shares crash 9%, set to record worst single-day fall since historic COVID plunge. More pain ahead?
TCS shares plunged over 9% on Wednesday, putting the stock on track for its worst single-day fall since the COVID-led market crash of 2020. Technical analysts warn that a breach…
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m.economictimes.com
TCS shares crash 8%, log worst single-day fall since historic COVID plunge. More pain ahead?
Tata Consultancy Services (TCS) shares experienced their steepest single-day drop since March 2020, plummeting over 8% on Wednesday. This significant decline erased recent gains,…
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Why did TCS shares crash over 8% today? Stock logs worst single-day fall since Covid-era rout
Just a day after helping power a sharp rebound in technology stocks, Tata Consultancy Services (TCS) turned into one of Dalal Street's biggest losers on Wednesday, with the stock…
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IT stocks snap three-day rally, plunge over 5% in sharpest fall in nearly four months
Indian IT stocks experienced their steepest single-day fall in nearly four months, plunging over 5% as concerns about AI's impact on revenue streams resurfaced. The Nifty IT index…
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IT stocks crash! Planning to buy the dip? Here's what analysts say
Indian IT shares saw a significant drop on Wednesday, wiping out recent gains. Analysts suggest this was largely due to profit booking after a rapid rise. They advise investors to…