Categories: Business

IT stocks rally: Why are Infosys, TCS and Tech Mahindra shares surging despite AI disruption fears?

Indian IT stocks surged Monday, with major players like Infosys and TCS gaining up to 5%. This rebound follows months of AI-driven pessimism, as investors reassess sector valuations ahead of a key US Federal Reserve meeting. Technical indicators suggest a potential short-term recovery, though analysts caution it might be a retracement within a broader trend.

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5 months ago

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