FinanceMoneycontrol
Nifty IT logs biggest monthly rally in 6 years as AI fears ease and valuations lure investors
in5points
The Nifty IT index recorded its biggest monthly rally in six years, rebounding over 21% from its 52-week low of 25,699 on July 1, 2026.
The index had fallen around 31% in the first half of 2026 before the recovery.
The rally was broad-based across the IT sector, driven by easing fears about AI's impact and attractive valuations.
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