<p>The Indian stock market declined, with the Nifty 50 index falling 0.4% to 25,860.45 points, ending a four-day winning streak; the Nifty IT index dropped as much as 4.6%, reaching its lowest level since April 17, with a cumulative decline of 11% this year. Concerns over industry disruption caused by AI have emerged, and additionally, the delayed expectations for a Federal Reserve interest rate cut have dampened investor sentiment</p>

INDY

<p>Due to challenges from AI and concerns over U.S. interest rate cuts, the Indian IT sector plummeted over 4%. The Nifty 50 index fell 0.4% to 25,860.45 points, ending a four-day winning streak; the Nifty IT index dropped as much as 4.6%, reaching its lowest level since April 17, with a cumulative decline of 11% this year. The market is worried about industry disruptions caused by AI, and the delayed expectations for a Federal Reserve interest rate cut have dampened investor sentiment</p>

Due to challenges from AI and concerns over interest rate cuts in the U.S., the Indian IT sector plummeted over 4%