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VERIFIEDET Stocks·positive
HCLTech, TCS, Infosys, other IT stocks rally up to 5%. What lies ahead?
AI Summary
- ·Indian IT stocks rallied up to 5%, with largecap companies leading the gains.
- ·The surge was influenced by Nvidia's strong financial results and positive revenue outlook.
- ·Optimism was revived regarding the global AI spending cycle, despite ongoing concerns about AI disruption.