Stock viewBusiness Today
IT stocks climb 8% amid reverse AI trade
Positive0
GreyOak summary
Indian IT stocks rallied, with the Nifty IT index rising 2.35%, as investors shifted focus from global AI stocks. Mphasis led gains at 8%, while large-caps like Infosys and TCS rose 3%. Foreign investors bought Rs 13,801.83 crore, supporting domestic sentiment despite global uncertainty.
What it affects
- Information TechnologyPositive 0
Nifty IT index rose 2.35%.Rolling sentiment Neutral +3
- MphasiSMPHASISPositive 0
Surged 8% as AI trade reversed.Rolling sentiment Positive +47
- InfosysINFYPositive 0
Gained up to 3% in rally.Rolling sentiment Neutral 0
- HCL TechnologiesHCLTECHPositive 0
Climbed 2.5% amid sector rally.Rolling sentiment Positive +38
- Tata Consultancy ServicesTCSPositive 0
Gained up to 3% in rally.Rolling sentiment Neutral +14
- CoforgeCOFORGEPositive 0
Rose more than 1%.Rolling sentiment Positive +34
Source
Read the original at Business TodayMore MphasiS news
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