Information technology stocks rebounded on Monday, with the NSE IT index jumping 2.3%, as investors deemed recent weakness excessive. Analysts believe most negative factors are priced in, suggesting a potential bottom for the sector. Despite a cautious outlook, selective opportunities exist for medium- to long-term investors.
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Global investors are focusing on artificial intelligence driven earnings growth, overshadowing geopolitical concerns. Strong US corporate profits and expectations of easy monetary policy are supporting
May 27, 2026