AI Shockwaves: Nifty IT Index Plummets 20% in February; LIC Loses ₹42,500 Crore
- Editor
- February 26, 2026
- Banking & Finance, Business, Economy, Finance, Global Business
- stock market, Trading
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Mumbai | February 26, 2026 – The Indian IT sector is grappling with a historic downturn, as the Nifty IT Index recorded a staggering 21% decline in February 2026, marking its worst monthly performance since the 2008 global financial crisis. The sell-off, which saw the index crash by 5% in a single day on February 24, has been fueled by …
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