Sumit Pokharna

Indian IT shares fell for a seventh consecutive session, with the Nifty IT index closing at its lowest level since May 15 after dropping 1.6%, as investor concern over Anthropic's new Claude Fable 5 A…

Indian IT stocks have fallen up to 34% year-to-date in 2026, compared to the Nifty50's 9% drop, as enterprises shift spending toward AI infrastructure and away from traditional outsourcing. Analysts r…