Indian markets saw a sharp fall on Thursday. Investors offloaded technology and transport shares. Concerns over artificial intelligence disruption weighed heavily. Job data also played a role. Markets await crucial inflation figures. This led to a broad market selloff across major indices.
Kumar Rakesh bets on select IT names amid AI-led volatility
AI’s impact on India’s IT sector is unfolding in two phases: near-term automation causing deflationary pressure, followed by longer-term business transformation creating inflationary opportunities. Analyst