Markets Choppy Despite India-US Deal: Nifty IT Index Tanks 6% As AI Fears Wipe Out ₹2 Lakh Crore

Описание: On this Special Report, Sakshi Batra anchors the Business Today market closing show, highlighting a volatile day for Indian indices. Despite the optimism surrounding the newly announced India-US trade deal, the Nifty IT index plummeted over 6%, wiping out ₹2 lakh crore in market value. Sakshi Batra notes that 'AI fears intensify' following the launch of new tools by Anthropic, triggering a global software sell-off that hit majors like Infosys and Wipro. The programme also covers Commerce Minister Piyush Goyal’s parliamentary address, where he assured that India’s agriculture and dairy sectors remain 'firmly protected' under the trade agreement. Additionally, the report discusses Hindustan Aeronautics Limited (HAL) losing out on the stealth fighter jet project shortlist to private players like Tata Advanced Systems and L&T. Market expert Sudeep Bandopadhyay joins the discussion to provide insights on FII inflows and the structural challenges facing the Indian IT services sector in the wake of rapid AI advancements.

#StockMarketIndia #NiftyIT #IndiaUSTradeDeal #AIFears #SakshiBatra #BusinessToday #PiyushGoyal #Sensex #ITStocks #HAL #DefenseSector #Indigo #MarketClosing #IndianEconomy #Investing


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