Indian IT Shares Rise as Global AI Stocks Rout; Nifty IT Up 17% in a Month
Major Indian IT shares rose in early trade Friday, while the Nifty IT index was up 17% over one month.
Shares of major information technology companies rose during early trade Friday amid a rout in global artificial intelligence stocks. Shares of Nifty 50 constituents HCL Technologies, Infosys, and Tata Consultancy Services rose 1—2%, while Wipro, Persistent Systems, and Coforge were up around 1% ea…