IT Stocks Plunge Over 4% Amid US Jobs Data, AI Concerns

• Nifty IT index plummeted over 4 percent, emerging as the top sectoral loser today.
• Heavy selling pressure observed in IT shares.
• New concerns regarding US jobs data are impacting the sector.
• The rise of AI is also contributing to the pressure on IT stocks.
• Major IT companies like Infosys, TCS, and TechM saw declines of up to 5 percent.