The Economic Times

TCS, HCL Tech, Infosys shares surge up to 11% in 2 days; Nifty IT soars 2,000 points. More steam left for rally?

Indian IT stocks rallied as concerns over AI-driven disruption eased, triggering an anti-AI trade. The Nifty IT index surged over 2,000 points in two sessions to cross 30,000, its first move above the mark in nearly a month. HCL Tech gained nearly 11% in two days following its Q2 results, while TCS and Infosys rose 610%.