A gauge of India’s top IT stocks led by Tata Consultancy Services Ltd. and Infosys Ltd. slumped at the opening bell on Friday, tracking a global rout in software stocks triggered by Agentic AI.
The Nifty IT fell as much as 5.24% to 31,422.60 points, with all 10 constituents in the red. That dragged down the benchmark Nifty 50 nearly 1%.
This is a developing story. More to come.