Indian IT stocks set for worst week in four months as AI jitters deepen
ReutersFeb 6, 2026 4:11 AM
Feb 6 (Reuters) - Indian software exporters shares .NIFTYIT fell about 2% on Friday and were headed for their worst week in over four months, as rapid advances in artificial intelligence deepened worries that high-margin application-services revenues for Indian IT firms could come under pressure.
The sub-index was the biggest sectoral loser on the day, with all 10 constituents trading in the red. Coforge COFO.NS led losses with its 3.8% drop.
TCS TCS.NS and Infosys INFY.NS fell nearly 2% each. Nifty 50 .NSEI was down 0.3%.
The IT index has dropped 6.8% so far this week and was set for its biggest drop since September 2025.
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