Kospi’s mammoth 17% surge spells caution for Indian IT stocks. Why TCS, Infosys, others are down up to 5%

Indian IT stocks declined after renewed optimism around global AI and cloud spending after strong earnings from tech giants. Meanwhile, global AI sentiment improved after Microsoft and Amazon reported strong cloud growth, while South Korean chipmakers Samsung and SK Hynix rallied sharply on robust results.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Read more at the source

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *