Infosys, TCS, Wipro, other IT stocks climb up to 5%. Here's why

The shares of IT companies surged up to 5% on Wednesday, amid overall optimism on Dalal Street and Wall Street following hopes for fresh Iran-US talks, along with easing concerns about AI-led disruption. After taking a significant beating earlier this year due to AI worries and war-led inflationary concerns, the stocks have partially recovered so far in April. Nifty IT jumped more than 2% to emerge as one of the top sectoral gainers on the markets today.Fresh hopes for Iran-US peace talksPakista...

Original Source

Read the full article at Economictimes →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.