Dossier
Indian IT Stocks
Coverage of Indian IT Stocks in the Nexus archive.
- Indian IT Stocks Stage a Comeback as Global AI Trade Falters
Indian IT stocks have rebounded while global AI trade faces challenges. The Nifty IT Index's correlation with the Philadelphia Semiconductor Index has reached its lowest level since 2018.
- Indian IT stocks slump up to 7% as Accenture cuts revenue outlook, fueling fresh concerns over sector growth
Shares of major Indian IT companies fell up to 7% following Accenture's cut in revenue guidance. The move has raised concerns about the growth of the IT sector.
- Indian IT Stocks Slump as AI Jitters Resurface
Indian IT stocks declined due to renewed concerns over AI's impact. The Computex 2026 event in Taipei, Taiwan, highlighted advancements in AI-focused semiconductor technology.