Indian shares fall on renewed US tariff uncertainty; AI fears drag IT lower - Reuters
Indian shares fall on renewed US tariff uncertainty; AI fears drag IT lower Reuters
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"We now expect 14%-16% gross deflationary risk from AI over the next few years to the overall (IT) sector revenues."
— Yogesh Aggarwal , Executive
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<a href="https://news.google.com/rss/articles/CBMiugFBVV95cUxONG5NMjk3NS1yUFdYT2NaWXdzcWZ2dWlOaGoyOGpsOVJZYldyVWVKOXlvVjRsVTQwYV9XOE8teUo0ZnhsRWQtWDlzVnpwUEpaNDF1QXlqNk5rWVMzOG5MMmUzNzVmQ3RZVVpwTlJCRjdIQ1kwUTFuSXBkcGxWOWFOdVpzS0VDdmJYY0xGTnZMVVpNVEl2TVJENUZXTTRacWVic2pGSG8wT3RlWGJHdDF0aVZkOHBKRlRldHc?oc=5" target="_blank">Indian shares fall on renewed US tariff uncertainty; AI fears drag IT lower</a> <font color="#6f6f6f">Reuters</font>
India's benchmark indexes opened lower due to renewed uncertainty around U.S. President Donald Trump's tariff policy and persistent fears of AI-driven disruption affecting IT stocks.
The market capitalization of BSE-listed companies fell by over ₹5 trillion, primarily due to technology stocks and renewed tariff tensions.
The Sensex fell over 500 points, while the Nifty slipped below the psychological 24,900 mark in early trade, mirroring global risk-off cues amid escalating concerns over steep US tariffs on Indian exports.
Indian benchmark indices fell over 1% on Tuesday, dragged down by a sharp sell-off in information technology stocks amid renewed concerns over artificial intelligence (AI)-led disruption and uncertainty surrounding U.S. tariff policies.
Indian benchmark indices declined over 1% on Tuesday, influenced by global market trends and concerns over U.S. trade policies, with the IT sector being particularly affected.
U.S. stocks tumbled on Monday, as ongoing fears of artificial intelligence-related disruption and the fallout from a U.S. Supreme Court ruling sent investors fleeing from high-risk equities.
Indian shares declined as risk sentiment soured on renewed uncertainty around U.S. President Donald Trump's tariff policy, while IT stocks declined on persistent fears of AI-driven disruption.
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