Nifty IT hurtles toward historic 8-week bloodbath: AI death knell or ultimate bear trap?
- Posted on March 13, 2026
- By Business News Today
- 3 Views
Nifty IT hurtles toward historic 8-week bloodbath: AI death knell or ultimate bear trap?
Indian IT stocks are experiencing an unprecedented losing streak. This has wiped out significant market value and ignited a debate about artificial intelligence's future impact. Some investors see a major buying opportunity amid the sell-off. Foreign investors have exited, but one large mutual fund is aggressively buying. Analysts are divided on the sector's outlook.