The weakness followed a sharp overnight drop of up to 10% in ADRs of Indian IT companies after Anthropic unveiled a new AI product capable of automating a wide range of professional tasks. The announcement revived fears that advanced automation could pressure margins and weaken the competitive positioning of traditional IT services firms.
On the domestic bourses, Infosys declined 5.51% to Rs 1,310, while Wipro…

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.fyi/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)