Nifty IT Surges 3% on Global AI Optimism

Nifty IT rallied over 3% on Monday, emerging as the market's top-performing sector as investors cheered strong earnings and an upbeat AI-driven growth outlook from Snowflake. IT majors such as Infosys and midcap player Persistent Systems gained up to 5%, reflecting renewed confidence in global technology spending and enterprise AI adoption. $TCS