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India's AI losers just made investors richer by Rs 2.6 lakh crore & nobody saw the boom coming

Indian IT stocks, once dismissed as AI losers, have surged 10% since October, adding Rs 2.6 lakh crore in market capitalization. Investors are betting on a long-awaited AI services inflection point, with companies like TCS and Coforge showing significant gains. This comeback follows years of muted growth, as the sector now aligns with strengths in AI applications and services.