India’s IT sector is losing dominance in the Nifty 50 as AI disruption fears trigger sustained selling. Its index weight has dropped to a record low, while the Nifty IT index has sharply underperformed. Reduced index weight is also limiting inflows from passive funds, weakening the sector’s overall market influence.
India’s IT sector is losing dominance in the Nifty 50 as AI disruption fears trigger sustained selling. Its index weight has dropped to a record low, while the Nifty IT index has sharply underperformed. Reduced index weight is also limiting inflows from passive funds, weakening the sector’s overall market influence.
<iframe src="https://hindustansphere.com/embed/cluster/dcfb3d965c184b446548971dd8eaab3483af0db0" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Indian tech’s Nifty share shrinks to record low on AI worries"></iframe>
