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AI shock hits IT stocks: Nifty IT posts worst monthly fall in 17 years as sector loses Rs 5.7 lakh crore

The Nifty IT index plunged 19.5% in February, marking its steepest monthly decline in 17 years, as mounting fears of artificial intelligence-led disruption triggered heavy selling across technology services stocks.The fall is the sharpest since September 2008, when the index had dropped nearly 21% during the global financial crisis. The index declined in 12 of…

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IDC forecasts smartphone market to suffer its biggest-decline ever in 2026; analyst says: We are not witnessing a temporary squeeze, but Tsunami-like shock originating in …

The global smartphone market is now bracing for its sharpest downturn ever in 2026m with shipments expected to fall 12.9% to 1.12 billion units, according a new report from IDC. According to a report by Reuters, the figure marks the lowest level in more than a decade and signals a structural reset for the industry….

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IT selloff shock: Nifty IT logs worst fall in February since 2008 global financial crisis; is this crash a buying opportunity?

A sharp selloff in technology stocks has pushed the Nifty IT index into its steepest monthly decline since the 2008 global financial crisis, as fears around artificial intelligence disruption rattled investor confidence.With Tuesday’s 6% decline, the Nifty IT index has plunged over 21% in February alone, marking its worst monthly fall since the 2008 global…

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‘Likely caused by strangulation’: Doctor who observed Jeffrey Epstein autopsy makes shock claim about his death

Nearly seven years after the death of disgraced financier and pedophile Jeffrey Epstein, newly released Justice Department files have revived questions about what happened inside a New York jail cell in the early hours of August 10, 2019.Epstein, 66, had been arrested on July 6, 2019, at Teterboro Airport in New Jersey and was being…

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Shock in Colombo! Zimbabwe stun Australia by 23 runs as Muzarabani, Bennett script T20 World Cup classic | Cricket News

Blessing Muzarabani of Zimbabwe celebrates the wicket of Tim David of Australia. (Getty Images) Zimbabwe produced one of the biggest surprises of the ICC T20 World Cup 2026, defeating injury-hit Australia by 23 runs in a gripping Group B clash on Friday. It marked only the second time the African side has toppled the former…

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Oracle can’t stop explaining ‘all is well’ after $300 billion ‘OpenAI Shock’, says: We are also…

Oracle is actively promoting its AI data center progress and job creation efforts amidst significant investor concerns. The company’s massive $300 billion OpenAI cloud contract, signed in September 2025, has led to a substantial stock decline and ballooning debt. Despite upbeat updates, market jitters persist over the startup’s financial stability and Oracle’s deep entanglement. Oracle…

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‘All the pressure on Pakistan’: USA eye another T20 World Cup shock as old wounds resurface | Cricket News

USA cricketers, and Pakistan cricketers during the T20 World Cup. NEW DELHI: Pakistan head into their high-stakes T20 World Cup clash against the United States in Colombo on Tuesday with expectations mounting and memories of a stunning upset still fresh. Two years after USA’s famous Super Over victory in Dallas, leg-spinner Mohammad Mohsin believes the…

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Sub-zero shock in Manali: Mumbai woman dies after sudden shivering during Solang Valley visit | Shimla News

KULLU: A tourist from Mumbai visiting Manali in Himachal Pradesh with relatives died suddenly Tuesday night, apparently from cold exposure. Police identified her as 38-year-old Priyanka Vishnu Dukhande, a resident of Kalachowki, Mumbai. Manali has been freezing in below-zero temperatures for the past few days.Police said Priyanka had gone to the picturesque Solang Valley, 15km…

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