Infosys, TCS and other IT stocks in focus as multiple Anthropic partnerships ease disruption fears

Indian IT stocks drew attention after Anthropic announced enterprise partnerships, easing fears of AI-led disruption. Heavy recent selling pushed Nifty IT into oversold territory, prompting contrarian interest. While technical indicators hint at potential stabilisation, analysts warn that downside risks persist, with defined support and resistance levels guiding near-term expectations for investors.