Nifty IT Rally Continues as Infosys, TCS Jump on AI Optimism

The Nifty IT index surged 3.6% to 30,921, outperforming a weak broader market as Infosys and TCS gained up to 5%. Investor sentiment improved amid growing confidence that the global AI boom will boost demand for IT services, with strong global tech stock performance and attractive valuations further supporting the sector's rally. $TCS