FinanceET Techabout 2 hours ago
Indian IT Stocks Plunge Amid AI Trade Rebound
3 min read
Infosys, TechM, and TCS stocks plunged up to 5% as global AI trade rebounded, while SK Hynix shares surged 8% on a seven-fold profit increase. Analysts warn of potential AI bubble bursts, contrasting Indian IT's 'anti-AI' advantage with renewed Wall Street optimism for AI-linked stocks like Anthropic.
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