New Delhi, Feb. 25 -- Domestic equity markets have been pulled in opposite directions this February by their two most influential sectors. Rising worries about artificial intelligence (AI) disrupting business models have hurt investor confidence in the information technology (IT) sector, weakening its performance. At the same time, banking, financial services and insurance (BFSI) companies have reported strong earnings, helping support the broader market and reshaping corporate profit mix.

A Mint analysis of latest earnings shows that the IT sector's share of the overall corporate profit pool slipped to at least a three-year low of 9% in the October-December-quarter (Q3FY26). It fell from nearly 12% in Q4FY22, and significantly lower tha...