Indian IT stocks crashed on Friday as growing disruption fears from artificial intelligence weighed on major stocks such as Tata Consultancy Services (TCS), Infosys, Tech Mahindra, HCLTech. The trigger came from global technology giant Accenture's weaker-than-expected outlook, which rattled investor sentiment and erased nearly Rs 1.35 lakh crore in market value in a single trading session from major IT stocks.

Indian IT stocks, including Infosys and TCS, experienced a significant decline of up to 3% on Thursday. This downturn was triggered by a hawkish stance from the US Federal…

Indian IT stocks, including TCS and Infosys, tumbled up to 8% after Accenture lowered its annual revenue growth forecast, signaling continued caution in discretionary technology…