IT stocks, including Infosys and TCS, decline as Nifty IT index drops 3% amid global tech selloff and AI concerns.

IT stocks, including Infosys and TCS, decline as Nifty IT index drops 3% amid global tech selloff and AI concerns.

Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolonged higher interest rates. The selloff…