HCLTech Q4 Disappoints, AI-Led Demand Questions Drag Stock And IT Pack

Catch all the action on What’s Hot as markets turn sharply lower after a three-day rally. The Nifty 50 slips over 200 points, dragged by a steep sell-off in IT stocks. HCL Technologies emerges as the biggest laggard, plunging nearly 9% after weak Q4 results and a muted FY27 growth outlook of just 1–4%. Concerns around slowing demand, margin pressure, and the rising impact of AI disruption are weighing heavily on sentiment. The broader Nifty IT Index is down over 3%, pulling peers like Infosys and Tata Consultancy Services lower. Market expert Tapan Doshi shares his strategy on navigating the IT turmoil, sector rotation, and where investors should look next.