IT index plunges over 3.5% after OpenAI announces new AI deployment company; TCS, Persistent top losers
IT index plunges over 3.5% after OpenAI announces new AI deployment company; TCS, Persistent top losers
IT index plunges over 3.5% after OpenAI announces new AI deployment company; TCS, Persistent top losers
Sector
TECHNOLOGY
News Type
MARKET
Impact Level
MEDIUM
AI Sentiment
NEGATIVE
Published
12 May 2026
📎 Sources
Moneycontrol | https://www.tradingview.com/news/moneycontrol:070eaae3d094b:0-it-index-plunges-over-3-5-after-openai-announces-new-ai-deployment-company-tcs-persistent-top-losers/