Indian software exporters shares fell about 2% on Friday and were headed for their worst week in over four months, as rapid advances in artificial intelligence deepened worries that high-margin application-services revenues for Indian IT firms could come under pressure.
The sub-index was the biggest sectoral loser on the day, with all 10 constituents trading in the red. Coforge led losses with its 3.8% drop.
TCS and Infosys fell nearly 2% each. Nifty 50 was down 0.3%.
The IT index has dropped 6.8% so far this week and was set for its biggest drop since September 2025.