‘Opportunity in disguise’: IT stocks meltdown on AI scare overdone? ‘Every time there’s been a tech shift…’
Indian IT sector stocks have been bleeding for the last few days, facing a massive selloff on increasing fears that artificial intelligence (AI) tools and models will hit the basic revenue model of the technology sector. The index tracking Indian IT sector stocks such as Tata Consultancy Services Ltd. and Infosys Ltd. has lost a…