The big AI shock: Have Indian IT sector stocks lost their lustre?

May 23, 2026 - 18:30
The big AI shock: Have Indian IT sector stocks lost their lustre?

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In fact, ⁠IT has been the worst-performing major sector in the Indian market over the past 12-18 months. In May, 2026, the Nifty IT index touched a near 3-year low, losing more than a fourth of its value since the start of the year.

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