IT stocks like Infosys, TCS, HCL Tech, and Wipro are seeing renewed buying interest as tariff clarity boosts confidence, though experts caution against sharp gains. Deepak Shenoy highlights AI-driven adaptation for IT and sees private banks offering better value than PSU peers amid valuation concerns.
S&P Global flags potentially hidden AI debt at hyperscalers as AI spending surges
S&P Global warned that hyperscalers could be carrying more AI related debt than currently visible through financing structures linked to data centres and smaller AI