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VERIFIEDET Markets·positive
TCS Q1 results after party: Infosys, Wipro, other IT stocks jump up to 4%. Why are analysts bullish despite AI worries?
AI Summary
- ·IT stocks like Infosys and Wipro saw significant gains, rising up to 4%.
- ·The rally followed a better-than-expected Q1 performance reported by TCS.
- ·Analysts are optimistic due to resilient margins, improving demand, attractive valuations, and AI opportunities.