Skip to main content

datastreet.in

AI reset erases nearly half of IT majors’ value

India’s top software exporters are projected to lose $200 billion in market value from their peaks due to disruptive AI technology. The aggregate market cap has already fallen by 45% since December 2024, with TCS and Wipro experiencing over 50% declines. This erosion, while significant in absolute terms, is not unprecedented for the sector.

Source :- Markets-Economic Times Read More

Share it :

Leave a Reply

Your email address will not be published. Required fields are marked *