AI concerns drive Indian IT stocks to their worst week in four months

Indian IT stocks fell today as AI advances sparked fears for future revenue. The sector index dropped nearly seven percent this week in its worst run since 2025.

Insights:
Shares of Indian ININ software exporters fell approximately 2% on February 6, 2026, as the broader Indian ININ IT sub-index also declined about 2% to emerge as the day's worst-performing sector. This daily decline contributed to a 6.8% drop for the week, marking the largest weekly contraction for the technology sector in India ININ since September 2025.
Stockbrokers trade at their terminals at the National Stock Exchange (NSE) in Mumbai, India, October 21, 2025. REUTERS/Francis Mascarenhas
Stockbrokers trade at their terminals at the National Stock Exchange (NSE) in Mumbai, India, October 21, 2025. REUTERS/Francis Mascarenhas
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