The Economic Times

Infosys, TCS, Wipro and other IT stocks in focus after sharp rally in US tech shares despite US-Iran war

US tech stocks rallied despite the ongoing USIran conflict, lifting global sentiment and boosting optimism for Indian IT names. Strong gains in megacap tech, robust US services data, easing inflation, and a sharply weaker rupee which benefits IT exporters have improved near-term outlook for Indian IT cos even after last months sharp sector correction.