# TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocks

- Source: Economic Times
- Published: 2026-10-27T05:36:16+00:00
- Category: Business
- Original: https://economictimes.indiatimes.com/markets/stocks/news/tcs-infosys-other-it-stocks-drop-up-to-3-as-anthropic-ipo-sparks-rally-in-global-ai-stocks/articleshow/135225464.cms
- Canonical: https://groundlevelnews.com/story/tcs-infosys-other-it-stocks-drop-up-to-3-as-anthropic-ipo-sparks-rally-a3f38b/

Indian IT stocks fell amid reports that Anthropic, the maker of Claude, is preparing for an IPO that could value it at around $1.5 trillion. While the listing would open up investment opportunities in a leading AI developer, rising infrastructure costs, mounting losses and concerns over growth sustainability remain key risks.

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