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Nifty IT index falls over 7% as Anthropic's new AI tools trigger sell-off
short by Garima Garg / on Wednesday, 4 February, 2026
Nifty IT index plunged 2,722 points or 7% intraday on Wednesday to touch the day's low of 35,889 points. The BSE IT index also fell 2,435 points or 6.5%. The Indian IT sector is experiencing a significant sell-off today after the launch of new AI tools by US-based startup Anthropic. This is the sector's worst single-day sell-off since March 2020.
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