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Indian IT stocks lose $68.6 billion in February amid AI concerns
short by Neeraja Nath / on Wednesday, 25 February, 2026
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.
read more at Reuters