Nifty IT down by 6%A company called Anthropic released a new set of AI tools that surprised global markets.
One of these tools helps with work like reading documents and automating routine office tasks.
Investors worried that this AI could replace old software and services many companies sell.
Because of this fear, people started selling shares in big software companies.
Big Indian IT companies like Infosys, TCS and Wipro were affected.
The market reaction showed that investors fear AI might cut into profits of traditional tech businesses.
Anthropic’s new tools are meant to save time, but for stock markets it sparked uncertainty.
This event highlighted how powerful and fast AI changes are happening in technology today.
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