IT Stocks, Feb. 23 -- India has increasingly emerged as what Chris Wood of Jefferies describes as the "reverse AI trade", a theme he has discussed earlier in the GREED & Fear report.

A key positive catalyst came with the announcement of a strategic tie-up between Anthropic and Infosys to jointly develop custom AI agents tailored to the needs of individual enterprises. It reinforces the idea that corporates are moving toward small, purpose-built language models rather than relying solely on large, generic AI platforms.

"This development reinforces what we were told on the ground in India, namely that corporates are likely to build smaller language models using proprietary datasets, with Indian IT services firms playing a central role in ...