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VERIFIEDET Stocks·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 including Infosys, Wipro, HCL Tech, and Tech Mahindra saw significant gains.
- ·Brokerages expressed optimism due to factors like resilient margins and an improving demand outlook.
- ·Analysts highlighted growing AI-led opportunities as a positive factor for IT stocks.