Mumbai, April 10 -- The sentiment soured further on the back of a subdued demand outlook, cautious brokerage commentary, and growing apprehension that fast-evolving AI models may steadily erode the revenue base of traditional IT services.

The Nifty IT index fell 2.31% to 30,904.40 while the benchmark Nifty 50 index rose 0.85% to 23,977.00.

Among the components of the Nifty IT index, Coforge (down 3.53%), Infosys (down 3.11%), Tata Consultancy Services (down 2.89%), Mphasis (down 2.68%) and LTIMindtree (down 1.93%) were the top losers.

Further, Tech Mahindra (down 1.76%), HCL Technologies (down 1.56%), Persistent Systems (down 1.21%) and Oracle Financial Services Software (down 0.15%) edged lower.

Tata Consultancy Services (TCS) report...