Friday, 29 May, 2026
IT Stocks Rally as AI Optimism Fuels Market Confidence
By TechShots Studio
Shares of major Indian IT firms including Infosys, Wipro, and Tata Consultancy Services rose up to 4% despite a muted broader market. Investor sentiment improved on hopes of stronger global tech spending, easing recession concerns in the US, and rising demand for AI-led digital transformation projects. Analysts also expect better deal pipelines and improved earnings visibility for the IT sector.
Read full story at cio economic times