The Economic Times

Infosys, Wipro, other IT stocks in focus after massive wipeout in 8 sessions. Whats JPMorgan saying?

Wipro and Infosys IT stocks are in focus after a rebound. A recent sell-off wiped out significant market value. Concerns arose from AI tools automating legal tasks. However, analysts see value in beaten-down IT stocks. They highlight the indispensable role of IT services firms. The sector is adapting to new business models and AI-led development.