- Tata Consultancy Services and Persistent Systems were the only gainers in the Nifty IT index
- TCS rose 0.59% to Rs. 2,163.70, Persistent Systems gained 0.29% to Rs. 5,032.50
- Infosys was the biggest loser, falling 1.52% to Rs. 1,162.40
The Nifty IT index traded mixed on Wednesday, with Tata Consultancy Services Ltd. and Persistent Systems Ltd. emerging as the only two gainers in the nine-stock pack, a day after Anthropic released Claude Fable 5, the first publicly available version of its Mythos-class AI model.
TCS rose 0.59% to Rs. 2,163.70, while Persistent Systems gained 0.29% to Rs. 5,032.50. The two advances stood against seven declines.
Add image caption here
Infosys Ltd. was the biggest drag on the index, falling 1.52% to Rs. 1,162.40. Oracle Financial Services Software Ltd. slipped 0.38%, while Tech Mahindra Ltd., HCL Technologies Ltd., Mphasis Ltd., Coforge Ltd. and Wipro Ltd. declined between 0.1% and 0.3%.
Anthropic's model launches have weighed on IT sentiment through 2026, with investors wary of AI-led disruption to the sector's labour-intensive services model.
ALSO READ: Anthropic Releases Mythos-Like Model Without Cyber Capabilities
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.