Battered Indian IT Stocks Rally as AI Fears Ease
Indian IT stocks are rebounding as concerns that AI will disrupt traditional technology services ease, despite a weak September quarter for the sector's largest companies.
Bengaluru, Oct. 16 -- India's beaten-down information technology (IT) stocks are rebounding as fears that artificial intelligence (AI) will disrupt traditional tech services ease and investors rotate out of a global tech sell-off, even after a weak September quarter for the sector's biggest names.S…