Nifty IT index surged over 5% in midday trade on Tuesday, making it the clear sectoral leader, while the broader benchmarks like Sensex and Nifty traded marginally higher. The rally was sparked by weekend comments from Anthropic CEO Dario Amodei calling for a slower, more cautious pace of AI development, a view that also received support from OpenAI CEO Sam Altman and Elon Musk.
