Mumbai, April 10 -- Sentiment weakened further amid a muted demand outlook, cautious brokerage commentary, and rising concerns that rapidly evolving AI models could chip away at the core revenue streams 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) reported a 2.0...