Indian IT stocks saw a significant fall on Wednesday. This decline followed a sell-off in US counterparts after Anthropic launched new AI tools. Market watchers fear these automation tools could replace outsourced IT services, potentially pressuring margins for Indian IT firms. Experts suggest long-term investors monitor deal trends for AI’s impact.
No immediate steps planned to regulate equity derivatives: Tuhin Kanta Pandey
Sebi chairperson Tuhin Kanta Pandey stated no immediate regulations are planned for equity derivatives, with the current framework to continue. He also indicated that a