FinanceET Techabout 1 hour ago
Indian IT stocks drop 3% on Anthropic IPO
4 min read
Tata Consultancy Services, Infosys, Wipro, HCLTech and Tech Mahindra fell up to 3% on Tuesday as reports emerged that Anthropic is preparing an IPO valued around $1.5 trillion. While Nvidia and Micro rose 3%, the Indian sector declined after recovering Rs 3.87 lakh crore in October, with foreign investors buying Rs 6,463 crore in the September quarter.
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