Google Trends: Indian IT Stocks TCS, Infosys, Wipro & HCL Tech among most searched stocks amid AI disruption concerns
Indian IT giants—TCS, Infosys, Wipro, and HCL Tech—have once again taken over Google searches amid heightened uncertainties. These terms were the most searched in the last 7 days. However, on February 25, tech stocks saw some rebound as the Nifty IT Index rallied over 3% intra-day before closing up 1.5%.
Nifty IT Index sees sharp swings
Technology stocks have seen significant battering in February on concerns about AI-led disruption. The index is down over 20% in the last month and saw some recovery on February 25. This volatility has majorly been caused by fears of advanced AI tools taking over traditional business models.
