Indian IT Stocks Surge Amid Global AI Rally

Indian IT stocks shone brightly on Monday, standing out as the sole green patch in an otherwise weak market. Nifty IT jumped over 3%, emerging as the top-performing sectoral index by a significant margin. $INFY ys and $TCS gained 2-4%, while midcap IT names like Persistent Systems surged up to 5%. The rally was triggered by a strong global momentum in artificial intelligence-linked shares, which spilled over into Indian markets. Despite subdued benchmark indices and weakness across most sectors, IT majors benefited from rising optimism around AI adoption and strong global demand for technology services. Analysts expect this momentum to continue if global AI sentiment remains positive.