Economic TimesLean R·
TCS, Infosys and other Indian IT stocks rise up to 4% after AI worries trigger Kospi selloff
Indian IT stocks gained on Tuesday, with Infosys, TCS, Tech Mahindra and Mphasis rising up to 4%, even as Asian technology shares came under pressure after a sharp selloff in South Korea’s chipmakers. Infosys rose nearly 4%, while TCS gained 3%. Tech Mahindra was up 3.4%, and Mphasis advanced 3%. Wipro, however, slipped 0.4%, staying weak even as the broader IT pack recovered.The move came at a time when investors are preparing for the June-quarter earnings season of Indian IT companies. The se…
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