{"id":4050,"date":"2026-02-12T19:20:01","date_gmt":"2026-02-12T19:20:01","guid":{"rendered":"https:\/\/nervnow.com\/?p=4050"},"modified":"2026-02-16T20:31:50","modified_gmt":"2026-02-16T20:31:50","slug":"indian-it-stocks-plunge-14-in-week-on-ai-disruption-fears","status":"publish","type":"post","link":"https:\/\/nervnow.com\/ro\/indian-it-stocks-plunge-14-in-week-on-ai-disruption-fears\/","title":{"rendered":"Indian IT Stocks Plunge 14% in Week on AI Disruption Fears"},"content":{"rendered":"<p><span style=\"color: #0f0e17;\" class=\"stk-highlight\"><em>TCS, Infosys, and Wipro suffer steepest weekly fall since COVID-19 pandemic, wiping $50 billion in market value as\u00a0Anthropic&#8217;s\u00a0Claude\u00a0Cowork\u00a0raises automation concerns.<\/em><\/span><\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-2619b6db85fa42fef2525f13051ef3fb\">Indian information technology stocks witnessed their steepest weekly fall since the early days of the COVID-19 pandemic, wiping out nearly $50 billion in market value as investor anxiety over artificial intelligence converged with weak global cues and fading hopes of US rate cuts.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-51f22bc6d386cd1ab608d832cd2b969c\">The rout gathered pace on February 12-13 after fresh fears that rapid advances in generative AI could fundamentally disrupt the outsourcing-led business models that have powered the sector for decades. The immediate trigger was the launch of new AI tools by&nbsp;startupAnthropic, including Claude&nbsp;Cowork&nbsp;with 11 specialized plugins for legal reviews, sales analysis, and data analytics.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-cddd74ce3ad05fff3f66c12933623ea8\">TCS&#8217;s market capitalization fell below \u20b910 lakh crore on February 12 for the first time since December 2020, hitting a 52-week low of \u20b92,776. Infosys fell 6-7% over two trading sessions to \u20b91,380.60, while Wipro declined to \u20b9210. The Nifty IT index dropped over 14% in seven trading days, reaching a nine-month low.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-23ef9ea52ddf429752e4014c2b16c5a5\">By February 13, the sector continued bleeding with Infosys falling 7%, TCS down 6%, Wipro dropping 3.85%, and HCL Tech declining 3.60%. The S&amp;P BSE IT index shed approximately \u20b91.3 lakh crore in combined market capitalization. Infosys ADRs plunged 9.4% on NYSE, while Wipro fell 4.6%.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-link-color wp-elements-1cfc444aba0c02ae88b742e49715bf5a\">Analysts at Jefferies dubbed this scenario the &#8220;SaaSpocalypse,&#8221; highlighting profound investor concern that AI could fundamentally undermine traditional IT business models.&nbsp;Motilal&nbsp;Oswal&nbsp;suggested the next 3-6 months will be crucial for observing AI partnerships that could pave the way for new service deals.<\/p>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>TCS, Infosys, and Wipro suffer steepest weekly fall since COVID-19 pandemic, wiping $50 billion in market value as Anthropic&#8217;s Claude Cowork raises automation concerns.<\/p>","protected":false},"author":2,"featured_media":4051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[103,101,94],"tags":[173],"class_list":["post-4050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ai-now","category-funding-startups","category-news","tag-it-stocks"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/nervnow.com\/ro\/wp-json\/wp\/v2\/posts\/4050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nervnow.com\/ro\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nervnow.com\/ro\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nervnow.com\/ro\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/nervnow.com\/ro\/wp-json\/wp\/v2\/comments?post=4050"}],"version-history":[{"count":1,"href":"https:\/\/nervnow.com\/ro\/wp-json\/wp\/v2\/posts\/4050\/revisions"}],"predecessor-version":[{"id":4052,"href":"https:\/\/nervnow.com\/ro\/wp-json\/wp\/v2\/posts\/4050\/revisions\/4052"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nervnow.com\/ro\/wp-json\/wp\/v2\/media\/4051"}],"wp:attachment":[{"href":"https:\/\/nervnow.com\/ro\/wp-json\/wp\/v2\/media?parent=4050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nervnow.com\/ro\/wp-json\/wp\/v2\/categories?post=4050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nervnow.com\/ro\/wp-json\/wp\/v2\/tags?post=4050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}