New Delhi, Feb. 15 -- Fears of disruption have gripped Indian information technology (IT) stocks amid the growing focus on artificial intelligence (AI). In February alone, the Nifty IT index has declined by 14%. It all started with Palantir Technologies Inc.'s earnings call earlier this month, where it claimed its AI platform was powering complex SAP (enterprise resource planning software) migration work and reducing implementation duration from years to weeks.

In addition, US-based AI company Anthropic elevated its Claude Cowork platform from an experimental enterprise assistant. It launched a slew of new plugins that enhance Claude's abilities beyond generic tasks to domain-specific expertise. Google also launched the Gemini 3 Deep Thi...