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Indian IT stocks crash: Infosys, TCS, Wipro down up to 6% - why launch of new AI tool by US startup Anthropic is driving the fall
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Shares of major IT companies, including Infosys, Wipro, HCL Tech and Persistent Systems, slid as much as 6 per cent in early trade. The negative sentiment mirrored weakness on Wall Street, where the technology-heavy benchmark Nasdaq declined 1.4 per cent, erasing nearly $300 billion in market capitalisation across the sector. What's Your Reaction?
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