{"id":994808,"date":"2026-02-25T11:57:29","date_gmt":"2026-02-25T06:27:29","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=994808"},"modified":"2026-02-25T13:22:58","modified_gmt":"2026-02-25T07:52:58","slug":"citrinis-ai-scare-drives-it-index-to-a-30-month-low","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/25\/citrinis-ai-scare-drives-it-index-to-a-30-month-low\/","title":{"rendered":"Citrini\u2019s AI scare drives IT index to a 30-month low"},"content":{"rendered":"<p>The misery of Indian IT companies deepened on Tuesday after a report by US firm Citrini Research fuelled fresh fears about their fortunes. The report flagged major concerns over job losses and AI-led disruptions in consumption-driven economies, rattling investors globally. <\/p>\n<p>The Nifty IT Index plunged 4.74% (or 1,497 points) to close at 30,053.50 \u2014 its lowest level in 30 months (since August 3, 2023). Tuesday\u2019s decline marked the third major fall (over 4.5%) for the IT gauge in less than a month. The index has now entered bear-market territory, having declined 22% since the launch of Anthropic\u2019s AI tools on February 4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The misery of Indian IT companies deepened on Tuesday after a report by US firm Citrini Research fuelled fresh fears about their fortunes. The report flagged major concerns over job losses and AI-led disruptions in consumption-driven economies, rattling investors globally. The Nifty IT Index plunged 4.74% (or 1,497 points) to close at 30,053.50 \u2014 its lowest level in 30 months (since August 3, 2023). Tuesday\u2019s decline marked the third major fall (over 4.5%) for the IT gauge in less than a month. The index has now entered bear-market territory, having declined 22% since the launch of Anthropic\u2019s AI tools on [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-994808","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/994808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=994808"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/994808\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=994808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=994808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=994808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}