IT Stocks Plunge Up To 3% After Global Tech Selloff, AI Disruption Fears Reignite

• Indian IT stocks, including Infosys and Persistent Systems, fell up to 3% on February 18, ending a two-day gaining streak.
• The decline followed a global tech selloff and renewed concerns about AI-led disruption after Anthropic launched Claude Sonnet 4.6.
• Persistent Systems was the biggest loser, dropping over 3%, with Infosys, Coforge, Tech Mahindra, and LTI Mindtree also seeing significant falls.
• Anthropic's new Claude Sonnet 4.6, touted as its most capable Sonnet model, improves coding skills and computer use for users.
• Despite earlier partnerships like Infosys with Anthropic, investor fears persist regarding AI's competitive impact on IT services.