IT Stocks: 4% Recovery After 19% Devastation? What's Next for the Sector

• IT sector saw a 4% recovery on Friday after a 19% plunge and ₹5.7 lakh crore loss in eight sessions.
• Infosys and Wipro ADRs, which fell up to 14.5%, recovered 3-4% on Friday due to bottom fishing.
• Decline was fueled by fears that US AI startup Anthropic's new tool could disrupt traditional IT services.
• JP Morgan advises against panic, stating IT companies are essential for running and integrating enterprise software.
• Experts suggest AI is an opportunity, not a threat, with companies shifting to output-based models; a bounce is possible on Monday.