{"id":1024409,"date":"2026-07-29T08:31:29","date_gmt":"2026-07-29T03:01:29","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1024409"},"modified":"2026-07-29T09:06:22","modified_gmt":"2026-07-29T03:36:22","slug":"indian-it-stocks-buck-global-tech-slump-climb-on-earnings-beat-and-ai-optimism","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/29\/indian-it-stocks-buck-global-tech-slump-climb-on-earnings-beat-and-ai-optimism\/","title":{"rendered":"Indian IT stocks buck global tech slump, climb on earnings beat and AI optimism"},"content":{"rendered":"<p>Mumbai: Indian information technology stocks rallied Tuesday after pressure on AI companies and chipmakers globally, as well as better-than-expected first quarter results improved the street&#8217;s sentiment on the most underperforming sector this year. <\/p>\n<p>The Nifty IT index was up 3.3% on Tuesday, led by Coforge&#8217;s 10.2% gains. Others like Tata Consultancy Services, MphasiS, Tech Mahindra and Persistent Systems advanced between 3.2% and 4.5%. The benchmark Nifty 50 ended flat at 23,985.35.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Indian information technology stocks rallied Tuesday after pressure on AI companies and chipmakers globally, as well as better-than-expected first quarter results improved the street&#8217;s sentiment on the most underperforming sector this year. The Nifty IT index was up 3.3% on Tuesday, led by Coforge&#8217;s 10.2% gains. Others like Tata Consultancy Services, MphasiS, Tech Mahindra and Persistent Systems advanced between 3.2% and 4.5%. The benchmark Nifty 50 ended flat at 23,985.35.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1024409","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1024409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1024409"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1024409\/revisions"}],"predecessor-version":[{"id":1024430,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1024409\/revisions\/1024430"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1024409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1024409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1024409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}