Indian IT stocks extend slump, head for worst week in nearly six years

SelfRugger · 2026-03-14T12:01:32+00:00

Indian IT stocks fell 4.6% on February 13, 2026, amid a global tech sell-off, making it their worst week since March 2020. The sector has struggled, losing 12.6% in 2025 and 16.8% in 2026, due to concerns over AI disruption.

SelfRugger

2026-03-14 12:01:32

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Indian IT stocks extend slump, head for worst week in nearly six years

Stockbrokers trade at their terminals at the National Stock Exchange (NSE) in Mumbai, India, October 21, 2025. REUTERS/Francis Mascarenhas · Reuters

Reuters

Fri, 13 February 2026 at 1:37 pm GMT+9 1 min read

Feb 13 (Reuters) - Shares of India’s software ‌exporters fell 4.6% ‌on Friday, dragged by a global tech sell-off, putting the stocks on track for their ‌worst week ⁠since March 2020.

The Nifty IT index ⁠was the worst-performing sector on the day and remains the weakest so ‌far this year, after sliding 12.6% in 2025 and a further 16.8% in 2026.

Indian ‌IT stocks have been under pressure over the ‌last few weeks amid fears of an AI-led disruption to the sector.

(Reporting ‌by Nandan Mandayam in Bengaluru; Editing by Sonia Cheema)

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