New Delhi, April 10 -- IT stocks witnessed sharp losses on Friday, April 10, with the Nifty IT index crashing almost 2% after Anthropic introduced a preview of its new model, Mythos, which is being positioned as a significant leap over earlier models such as Claude Opus on coding and security benchmarks. Meanwhile, TCS logging its first annual revenue decline since listing, despite Q4 recovery, also dampened the sentiment.

Almost all Nifty IT constituents were in the red. Mphasis was the top dragger, down around 2.5%, followed by LTIMindtree, Infosys, TCS, Tech Mahindra, declining around 3% each.

Instead of a full-scale public rollout, the company has opted for a controlled deployment through Project Glasswing, Anthropic's most advanced...