IT stocks crash, Feb. 13 -- The Indian technology stocks took a beating for the third day in a row on Friday as they lost up to 7.5%, tracking an overnight selloff in US tech stocks, spooked by persistent fears of AI-led disruption.

The Nifty IT index crashed over 5% to the day's low of 31,422.60, hitting its lowest level since October 2023 and shedding 12% in just three days (considering today's low).

More to come.

Published by HT Digital Content Services with permission from MINT....