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Nifty IT Loses Rs 50,000 Crore In Market Capitalisation In 15 Minutes As TCS, HCLTech, Infosys Fall
The Nifty IT index has now fallen more than 5% in trade this week, with HSBC, in its latest note, pointing to a cautious sentiment in the sector.
Infosys, TCS, HCLTech Lead Nifty IT Lower; Index Sheds More Than 2% Amid Global Tech Selloff
The selloff mirrors overnight weakness across global technology indices, with the Nasdaq Composite notably falling almost 2% on Wednesday.
TCS Share Price Live Updates: TCS Volume Analysis
TCS, Persistent Cushion Nifty IT Even As Infosys Drags Index After Anthropic's Fable Release
Anthropic's model launches have weighed on IT sentiment through 2026, with investors wary of AI-led disruption to the sector's labour-intensive services model.
TCS Share Price Live Updates: TCS reports a substantial drop in monthly returns
No More TCS Layoffs? Chandrasekaran Rules Out Further Workforce Downsizing
However, he indicated that hiring growth may moderate as AI becomes increasingly embedded in business operations and software development processes.
TCS Nashik Case: No Formal Complaint Via Any Channel, Says Chandrasekaran; Promises To Fix Gaps
He added that TCS is committed to ensuring that all employees at the Nashik facility are able to speak freely with investigators.
Chandrasekaran says TCS has seen the worst; AI to reshape workforce
Speaking at TCS's annual general meeting, the chairman said artificial intelligence will drive the company's next phase of growth, reduce hiring needs and eventually see the software exporter deploy as many AI agents as employees.
TCS will have as many AI agents as employees in 3 years: N Chandrasekaran
TCS Chairman N Chandrasekaran has predicted that the company could match its human workforce with the same number of AI agents in next three years
Tata Consultancy Services Ltd eases for fifth straight session
Tata Consultancy Services Ltd is quoting at Rs 2140.6, down 0.5% on the day as on 13:19 IST on the NSE. The stock tumbled 38.18% in last one year as compared to a 7.57% slide in NIFTY and a 25.98% fall in the Nifty IT index.
TCS share in Tata Group valuation drops below one-third from 75% peak
TCS now accounts for just 32.5% of Tata Group’s valuation, down from nearly 75% in 2020, as AI concerns, weak IT spending and geopolitical tensions weigh on the IT giant.
'Deal Pipeline Stronger Than Ever': TCS Chairman Highlights Five Areas Powering Future Growth
TCS framed AI as the "most significant opportunity" in the history of the company.