FinanceMoneycontrol
IT stocks see profit booking after five-day rally as AI optimism returns; Infosys, TCS fall up to 3%
in5points
IT stocks experienced profit booking after a five-day rally, with Infosys and TCS falling up to 3%.
The Nifty IT index declined, yet it remains up 15% in July, poised for its best monthly gain in six years.
The selling was attributed to profit taking amid renewed optimism over AI advancements.
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