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Indian IT Stocks Fall After Anthropic Tool
7.9
Relevance Score
Indian IT stocks plunged on February 4, 2026, after U.S.-based Anthropic introduced a legal-focused tool for its Claude chatbot, sparking investor jitters. Nifty IT fell 5.87% to 36,345.65 and BSE IT dropped 5.5%; Infosys fell 7.4% and TCS dropped 7%, mirroring declines in U.S. tech names including NVIDIA, Microsoft and Alphabet.
Scoring Rationale
Industry-wide market reaction driven by credible sources; limited depth and short-term sentiment limits lasting impact.
Sources
- Read OriginalNifty IT drops up to 6% on Anthropic tool launchthehindu.com
