New Delhi, Feb. 5 -- The sharp selloff in Indian IT stocks amid renewed artificial intelligence concerns has exposed a deeper problem - an industry increasingly trapped by short-term thinking.

Samir Arora, Group CIO and Fund Manager of Helios Capital, summed it up bluntly in a recent post on social media platform X (formerly Twitter), arguing that Indian IT companies "cannot see beyond their nose," focusing obsessively on the next quarter's order book and guidance rather than the structural shifts reshaping global technology spending.

His comments come as Infosys, Tata Consultancy Services (TCS), HCL Tech and other IT stocks cracked up to 8% on Wednesday and continued to trade with cuts today (Thursday) as fears that Anthropic's new plu...