Indian market at all-time high but IT index down 19% from peak
Indian stock market hit its lifetime high recently, however, IT index stood at 18.84%, lower than its 52-week high of 46,088.9, which it had hit in December 2024. While Nifty 50 gained over 10% in 2025 so far, IT index fell nearly 14% during the same period. This comes amid heavy US tariffs and growing fears of an AI bubble.