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Claude launches new AI tools, shares of IT biggies drop upto 6%
short by / on Thursday, 5 February, 2026
Shares of major Indian IT firms, including Infosys and Tata Consultancy Services (TCS), fell sharply along with the NIFTY IT Index after the US AI start-up Anthropic launched a new suite of AI tools. These tools automate workplace tasks. Investors fear these systems could reduce demand for traditional IT services and staff-intensive work, triggering a global tech stock sell-off.
read more at Trak.in