Meanwhile, Trump’s position of imposing higher taxes on China, which is almost 60% or more, could be beneficial for the likes of exporters from India, which could be wires and cables companies, solar module exporters, even tile exporters from India, and even chemical companies. So, it depends on the sub-sector
Infosys, Wipro, TCS and other IT stocks rise up to 3% amid US AI rout; is the bubble bursting?
In the wake of a worldwide AI stock decline, companies such as Infosys and TCS have seen their shares rise, demonstrating a contrasting trend. This