New Delhi, March 3 -- Information technology services has been among the most talked-about sectors in the Indian market over the past few days, driven by sharp swings in sentiment and price action.

On Tuesday the Nifty IT Index slipped nearly 4% to its lowest in about 10 months, highlighting the extent of the pressure on technology stocks. However, the trend seemed to reverse on 25 February, when Indian IT stocks staged a strong rebound. The Nifty IT index gained over 2%, after an overnight rally in global tech stocks, as Wall Street benchmarks advanced following weeks of volatility sparked by fears around artificial intelligence-led disruption.

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