TCS, Infosys and other Indian IT stocks rise up to 4% after AI worries trigger Kospi selloff
Indian IT stocks climbed despite a sharp sell-off in Asian chipmakers, as investors positioned for Q1 earnings. Indian IT stocks have had a rough ride in recent months because investors worry that AI could hurt billing growth, reduce manpower-linked revenue and force companies to pass productivity benefits to clients. With the sector having lost over…
