Last mentioned: Feb 19, 2026
Indian IT majors including TCS and Infosys are experiencing significant downward pressure as American peers like Accenture and Cognizant face a selloff driven by AI-related uncertainty. The trend reflects growing investor concern over the immediate ROI of AI investments and the potential disruption of traditional IT outsourcing models.
Indian IT majors including TCS, Infosys, and Wipro are experiencing significant downward pressure following a sharp decline in US tech stocks and consulting peers. The selloff, driven by growing skepticism over artificial intelligence monetization and broader macroeconomic concerns, highlights the sector's vulnerability to shifts in global tech sentiment.
Indian IT majors including TCS, Infosys, and Wipro are experiencing significant downward pressure as their ADRs mirror a broader selloff in the US technology sector. This decline, fueled by growing skepticism over immediate AI returns and valuation concerns, marks a critical pivot point for the global IT services industry.