Indian IT stocks saw a boost after a large-cap firm upgraded its FY26 revenue guidance. However, experts remain cautious, viewing the sector as mature with limited high-growth potential. While some see IT as a quasi-cash substitute for expensive sectors like FMCG, valuations are considered stretched.
US stocks today: Dow soars 800 points to hit record as Iran optimism offsets chip slump, weak jobs data
Wall Street closed higher with the Dow hitting a record, lifted by easing Iran war concerns and gains in healthcare and financial stocks. However, weak