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Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally?
Indian IT stocks rose sharply on Monday, lifting the Nifty IT index nearly 3%, as investors reassessed AI-related fears, attracted by attractive valuations and upbeat sector outlooks. Optimism around potential US rate cuts and positive technical signals further fuelled buying in Infosys, Tech Mahindra, TCS and other IT majors.
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economictimes.indiatimes.com
Infosys, Wipro, TCS, other IT stocks jump up to 4%: What’s behind the bullish sentiment in a muted market?
IT stocks, including Infosys and TCS, surged up to 4% on Friday, driven by Wipro's expanded partnership with ServiceNow to scale AI workflows. This collaboration aims to integrate…
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Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally?
Indian IT stocks rose sharply on Monday, lifting the Nifty IT index nearly 3%, as investors reassessed AI-related fears, attracted by attractive valuations and upbeat sector…
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thehindubusinessline.com
IT rally cushions markets as Nifty slips back into consolidation zone by midday
Tech Mahindra, Infosys, TCS, HCL Technologies and Coal India were the major gainer for the morning; IT stocks dominated the gainers’ list and provided the primary buffer against…
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timesofindia.indiatimes.com
IT stocks rally: Why are Infosys, TCS and Tech Mahindra shares surging despite AI disruption fears?
IT stocks staged a sharp rebound on Monday, with shares of Infosys, TCS, Tech Mahindra and Persistent Systems climbing up to 5% as investors returned to the sector after months of…
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IT stocks rally as AI deals, valuations draw investors
Indian IT stocks saw a significant surge on Monday, outperforming the broader market. The Nifty IT index reached its highest point since April 23. This rally was driven by…
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IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weakness
Indian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This rebound follows an earlier sell-off…
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Infosys shares jump 6%, rally 10% in 3 days as IT stocks shine. More upside ahead?
Infosys shares have rallied sharply, rising nearly 10% in three days as investors reassess valuations following a steep AI-driven correction in IT stocks. Analysts see improving…
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TCS shares soar 7%, up nearly 10% in just two sessions! What are technical charts indicating?
TCS shares jumped as much as 7% on Tuesday, extending their two-day gain to nearly 9% as investors snapped up the stock after months of underperformance. The rally was driven by…
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Market wrap: Sensex rises 383 points, Nifty closes near 23,500 as IT stocks shine
Indian stock market staged a sharp recovery, with Sensex and Nifty erasing morning losses to snap a four-session losing streak, led by a strong surge in IT stocks including…
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IT stocks recovery arrests Sensex, Nifty slide
IT stocks lead recovery in Indian markets, reversing losses despite geopolitical tensions and foreign selling pressures.
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Nifty IT logs best run in a year at 4%; TCS, Infosys lead way
Indian IT stocks surged for a third consecutive day. The Nifty IT index saw its largest single-day gain in a year. This rally is supported by improving global software sentiment…
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TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?
IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-related disruption concerns, brokerages…
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IT stocks snap three-day rally, plunge over 5% in sharpest fall in nearly four months
Indian IT stocks experienced their steepest single-day fall in nearly four months, plunging over 5% as concerns about AI's impact on revenue streams resurfaced. The Nifty IT index…