Infosys, Wipro, TCS, other IT stocks jump up to 4%: What’s behind the bullish sentiment in a muted market?

May 29, 2026

IT stocks, including Infosys and TCS, surged up to 4% on Friday, driven by Wipro’s expanded partnership with ServiceNow to scale AI workflows. This collaboration aims to integrate Wipro Intelligence with ServiceNow’s AI Platform, streamlining enterprise operations and accelerating AI adoption. The move boosted investor confidence in Indian IT companies, despite earlier concerns about AI advancements.

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