AI relief fails to lift legacy IT stocks as earnings worries weigh
Mumbai: Has Indian IT turned the corner?
After surging more than 17% in October, the Nifty IT index appears to have lost momentum, declining nearly 2% so far in November, although the Sensex and Nifty harnessed new-found enthusiasm from foreign funds to climb more than 10% in the run-up to Diwali and its immediate aftermath.
