Market move▲ Bullish for Persistent Systems
IT stocks rally on AI optimism; Persistent Systems, Wipro, TCS among top gainers
The brief
- IT stocks rallied on optimism that AI is a tailwind rather than an immediate threat
- Persistent Systems, Wipro and TCS were among the top gainers
- AI optimism is lifting Indian IT-services sentiment, including Persistent Systems, Wipro and TCS