Economic TimesLean R·
Infosys, Wipro, TCS and other IT stocks rise up to 3% amid US AI rout; is the bubble bursting?
The shares of Indian IT companies, including Infosys, Tata Consultancy Services (TCS), Wipro and others, rose up to 3% on Friday even as the global AI selloff intensified sharply, with Wall Street seeing its worst crash since 2020, boosting sentiment for the Indian IT stocks, which are seen to have the so-called ‘anti-AI’ advantage.In today's session, Infosys gained over 2%, while India's biggest IT company, TCS, rose 3% to Rs 2,565 per share. Wipro, HCL Tech, Coforge, and Persistent Systems ga…
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