IT stocks rebound as AI disruption fears ease
IT stocks in India staged a rebound on Tuesday as investors returned to the sector amid easing concerns about the pace of AI development.
Our Bureau Mumbai: Information technology stocks staged a strong rebound on Tuesday, with investors returning to the sector as concerns over the pace of artificial intelligence development eased fears of a sharp disruption to traditional IT services. Intraday, the Nifty IT index rallied nearly 5% b…