Infosys and Wipro Shares Decline Amid AI Disruption Concerns

On February 12, 2026, shares of Indian IT companies Infosys and Wipro declined sharply amid concerns about disruptions in the IT sector caused by new AI technologies. The drop followed the release of an AI tool by Anthropic, which raised investor worries about the impact of artificial intelligence on traditional IT services. The Nifty IT index fell over 4% on the same day, reflecting broader market apprehension. Additionally, stronger-than-expected US jobs data contributed to the decline in Indian IT stocks. These developments highlight investor caution regarding the future of the IT sector in India and globally, particularly in relation to AI advancements.