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Indian tech’s Nifty share shrinks to record low on AI worries
Indias IT sector is losing dominance in the Nifty 50 as AI disruption fears trigger sustained selling. Its index weight has dropped to a record low, while the Nifty IT index has sharply underperformed. Reduced index weight is also limiting inflows from passive funds, weakening the sectors overall market influence.
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economictimes.indiatimes.com
Tech-Led global selloff, Fed rate fears weigh on Indian equities
Indian stock markets experienced their sharpest single-day drop in nearly a month, mirroring a global tech sell-off. The Nifty 50 and BSE Sensex both fell significantly,…
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cryptobriefing.com
India's software exporters see Nifty share shrink to record low amid AI concerns
India's IT exporters hit a record-low Nifty weighting below 7.6% as AI disruption fears hammer the $300 billion outsourcing sector, erasing $50 billion in
