LIC's IT Stock Holdings Plummet by Rs 42,500 Crore in Two Months Amid Sector Downturn

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LIC's IT Stock Investments Plummet by Rs 42,500 Crore in Two Months Amid AI Fears

IT fall impact: LIC's investment in IT stocks declines by Rs 42,500 crore in two months

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Moneycontrol•24-02-2026, 15:35

LIC's IT Stock Investments Plummet by Rs 42,500 Crore in Two Months Amid AI Fears

•Life Insurance Corporation of India's (LIC) investment in IT stocks declined by Rs 42,500 crore in two months.
•The decline is primarily attributed to fears over artificial intelligence disruption impacting the IT sector.
•LIC experienced the greatest value erosion in Infosys and Tata Consultancy Services, losing Rs 26,510 crore.
•The Nifty IT index extended losses, falling to a multi-month low and eroding nearly 21% in February.
•Analysts predict a 14%-16% gross deflationary risk from AI to the overall IT sector revenues in the coming years.

Read Full Article on Moneycontrol in English

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