India, March 5 -- Over the past three months, six Nifty 500 stocks have seen sharp declines of over 40%, with four being from the IT sector. These IT stocks have been particularly impacted by Anthropic, which refers to growing concerns around automation, AI-driven labor shifts, and uncertainty in technology adoption cycles affecting client budgets and project timelines.

Apart from IT stocks, other sectors have also seen notable declines over the past three months. Pharmaceuticals and infrastructure stocks have joined the list of major losers, contributing to a broad-based sell-off across the Nifty 500.

Tracking Nifty 500 stocks is significant because they represent the largest and most actively traded companies across sectors in India, ...