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AI reset erases nearly half of IT majors’ value
India's top software exporters are projected to lose $200 billion in market value from their peaks due to disruptive AI technology. The aggregate market cap has already fallen by 45% since December 2024, with TCS and Wipro experiencing over 50% declines. This erosion, while significant in absolute terms, is not unprecedented for the sector.
CERT-In Sounds 'Critical' Alert Over Multiple Vulnerabilities In SAP Products
CERT-In has sounded a critical alert regarding the weaknesses detected in the software.
'Employee Data Extraction Factory': Meta Employees Protest Tracking Software Amid Layoff Fears
Meta is set to cut 8,000 jobs and freeze 6,000 open roles.
Cybertech Systems & Software consolidated net profit declines 26.35% in the March 2026 quarter
Sales rise 1.37% to Rs 62.33 crore
Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex gains over 300 pts, Nifty above 23,450; BEL, ... - The Economic Times
Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex gains over 300 pts, Nifty above 23,450; BEL, ...The Economic TimesWhy did stock market crash today? Sensex closes over 1,400 points down - Rs 10.16 lakh crore investors weThe Times of IndiaWhy the Indian Stock Market May Be Entering a Long Phase of Low ReturnsThe QuintSensex Today Tanks 1,456 | Nifty Below 23,400 | Sonata Software Down 8%EquitymasterNifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 13 MayMintStock Market Crash Highlights: Nifty, Sensex Register Longest Losing Streak Since January; TCS, Infosys lead IT Stocks SelloffNDTV ProfitStock Market Live, May 12: Sensex plunges 1,456 pts, Nifty closes at 23,379, Rupee falls to 95.63/$ on Iran-US deadlockBusinessLineSensex Today | Stock Market Highlights: Sensex crashes 1,456 points, Nifty ends below 23,400; heavy selloff in midcaps, smallcapsMoneycontrol.comRs 16.77 lakh crore gone! Stock market crash over four days leaves investors with deep losses; what’s theThe Times of India
Sonata Software among 5 stocks closing below VWAP
On May 12, five Nifty500 stocks closed more than 2.5% below their VWAP levels, signalling rising bearish pressure. A close below the volume-weighted average price indicates stocks ended the session weaker than their average traded price, reflecting heightened selling activity, weakening intraday sentiment, and possible short-term downside across select counters.
IT stocks tumble on OpenAI's push into AI adoption
Indian IT stocks experienced a significant downturn on Tuesday, with the Nifty IT index plummeting 3.7% to a three-year low. This decline was triggered by OpenAI's substantial investment in AI adoption, raising concerns about its impact on traditional software services business models.
Sensex Today Tanks 1,456 | Nifty Below 23,400 | Sonata Software Down 8% - Equitymaster
Sensex Today Tanks 1,456 | Nifty Below 23,400 | Sonata Software Down 8%Equitymaster
Sensex Today Tanks 1,456 | Nifty Below 23,400 | Sonata Software Down 8% - Equitymaster
Sensex Today Tanks 1,456 | Nifty Below 23,400 | Sonata Software Down 8%Equitymaster
Aurionpro Solutions Ltd leads losers in 'A' group
Manorama Industries Ltd, Paisalo Digital Ltd, Sonata Software Ltd and Thangamayil Jewellery Ltd are among the other losers in the BSE's 'A' group today, 12 May 2026.
Sonata Software shares drop 8% after management skips FY27 guidance
Sonata Software shares plunged over 7 per cent after the company refrained from giving FY27 growth guidance. Weak sentiment in IT stocks after OpenAI's latest announcement also weighed on the stock
Google Stops Zero-Day Attack For First Time After Hackers Used AI To Exploit Software Flaw
A Google report showed that it stopped an attack from hackers who used AI.