Daily Market Updates: IT stocks rebound sharply in October: TCS gains 22%, Wipro and Tech Mahindra gain 20% , 3 key reasons behind the jump

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IT stocks rebound sharply in October: TCS gains 22%, Wipro and Tech Mahindra gain 20% , 3 key reasons behind the jump

Reported · Written up by our desk · North America

Indian IT stocks rebounded sharply in October, with the Nifty IT index rising 16% as stronger-than-expected quarterly results, attractive valuations, and easing concerns about AI disruption revived investor interest. The index recovered from July lows but remains down about 16% this year.

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LiveMint MarketsIT stocks rebound sharply in October: TCS gains 22%, Wipro and Tech Mahindra gain 20% , 3 key reasons behind the jump

Global Markets

IT stocks rebound sharply in October: TCS gains 22%, Wipro and Tech Mahindra gain 20% , 3 key reasons behind the jump

More like this

Sources

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