GK and monthly revision

Rs 6 lakh crore wipeout in 8 days! Is AI rewriting the rules for $250 billion Indian IT industry?

The Indian IT industry, valued at $250 billion, is facing a sharp downturn due to the rapid advancements in artificial intelligence (AI). Major IT firms have seen a massive wipeout of over Rs 4.5 lakh crore in market value in just 7 days, as investors question the future of the traditional outsourcing model. This valuation reset is a crucial moment for the industry, which will determine if the worst is over for these stocks.