Shares of legal software firms and data service companies saw a sharp decline on Tuesday. This downturn followed the release of a new AI automation tool by Anthropic. Investors fear this tool could significantly impact the core businesses of these companies. Major players like RELX Plc and Wolters Kluwer NV experienced substantial drops.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj