Techs sell-off on Dalal Street as Anthropic’s AI-app takes on Indian IT majors’ business – The Times of India

Techs sell-off on Dalal Street as Anthropic’s AI-app takes on Indian IT majors’ business – The Times of India

MUMBAI: A tech sell-off on Dalal Street on Wednesday—that came on the back of Anthropic’s launch of a new AI-led app that could potentially challenge existing business models of Indian software exporters—wiped off about Rs 1.75 lakh crore worth of market value. The sharp slide in sector leaders like TCS, Infosys and Wipro, also left…

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Asian stocks today: Markets slip on Wall Street tech slump; oil cools after 2.1% overnight surge – The Times of India

Asian stocks today: Markets slip on Wall Street tech slump; oil cools after 2.1% overnight surge – The Times of India

Asian shares edged lower on Tuesday, tracking a slump in Wall Street’s technology stocks, while silver and gold steadied after a sharp pullback from record highs cooled an extraordinary rally in precious metals.Silver was the biggest mover overnight, plunging 8.7% in its steepest one-day fall since August 2020, unwinding from what had become a parabolic…

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