TCS, Infosys, Coforge, other IT stocks rally up to 10% after Nvidia-led chip rout. Is AI trade ending?

Indian IT stocks rallied on Tuesday, with TCS, Infosys, HCL Tech, Wipro, Coforge and Tech Mahindra gaining despite a global sell-off in AI-linked stocks. Investors tracked the sharp decline in Nvidia, Micron, SanDisk, SK Hynix and Samsung shares for clues on AI sector sentiment.

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

Leave a Reply

Your email address will not be published.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