Indian IT stocks lose $68.6 billion in February amid AI concerns

India's 10 Nifty IT firms have lost a combined $68.6 billion in market capitalisation in February amid AI disruption fears. The Nifty IT index has fallen about 21%, heading for its worst month in nearly 23 years. Coforge is the steepest percentage decliner, down 26.8%. The loss has caused Indian shares to lag their Asian and emerging market peers.