📰 ET Markets ⚪ NEUTRAL 🕒 27 Oct 2026, 11:06 AM IST

TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocks

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Core Development: TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocks

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Market & Financial Impact: Indian IT stocks fell amid reports that Anthropic, the maker of Claude, is preparing for an IPO that could value it at around $1.5 trillion. While the listing would open up investment opportunities in a leading AI developer, rising infrastructure costs, mounting losses and concerns over growth sustainability remain key risks.

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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

Indian IT stocks fell amid reports that Anthropic is preparing for an IPO.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

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TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocks

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