Indian IT Sector Rocked by AI Disruption Fears as Infosys Stock Falls 17% in February

Summary

India's NIFTY IT index shed approximately 11% in five trading days ahead of February 17, 2026, erasing billions in market value as investors increasingly concluded that AI-driven automation poses an existential risk to the traditional IT services model. Infosys stock fell over 17% in February alone, with Infosys shares trading down at approximately ₹1,365 on February 18. The sell-off reflects broader investor concern that large IT services firms — whose business model is based on providing human