18 July 2026 at 1:21 pm
Summary
The Nifty IT index recorded its best weekly gains since October 2025, following a significant rebound in Indian IT stocks. This rally occurred after a sell-off in Asian AI and semiconductor stocks, with investor confidence improving due to minimal AI disruption in major IT firms' first-quarter earnings.
Only Nifty IT Stock with YTD Gains Hits 52-Week High, Surges 50% in 6 Months
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