IT Sector

Indian IT stocks have surged as investors bet on accelerating AI spending, resilient global technology demand, potential US Federal Reserve rate cuts, and attractive valuations after a sharp correction. Here's what's driving the sector's recovery and what investors should watch next.

Anthropic has officially begun the IPO process, positioning itself ahead of OpenAI in the race to public markets. With a reported $965 billion valuation, explosive revenue growth, and strong enterprise adoption of its Claude AI ecosystem, the company could become one of the most important AI listings in history. Here's what investors need to know.

MSCI's latest index rebalancing is expected to drive significant passive fund flows across Indian equities. Federal Bank, MCX, NALCO and Indian Bank emerge as key beneficiaries, while Hyundai Motor India, Jubilant FoodWorks, Kalyan Jewellers and RVNL face selling pressure due to exclusions.

TCS faces mixed investor sentiment after reportedly losing part of its Royal Bank of Canada mandate while winning a multi-million-dollar AI transformation contract with SKF. Here's what the developments mean for TCS shareholders and future growth prospects.

Netweb Technologies rallied 14% after CRISIL upgraded its long-term credit rating to A+/Stable. The upgrade highlights strong revenue growth, expanding AI infrastructure opportunities, a robust ₹2,400 crore order pipeline, and healthy liquidity, while investors continue to monitor margins and working capital trends.

Taiwan has surpassed India in stock market capitalization, driven by the AI-led surge in semiconductor giant TSMC. Investors are increasingly favoring chip manufacturing economies like Taiwan and South Korea over broader consumption-driven emerging markets.

Wipro has announced its largest-ever ₹15,000 crore share buyback at ₹250 per share, offering a 23% premium to shareholders. Here’s everything investors need to know about the record date, eligibility, retail participation, and expected acceptance ratio.

Indian equity markets ended higher on May 22, 2026, supported by easing geopolitical tensions, declining crude oil prices, and a sharp recovery in the rupee. Banking and financial stocks led the rally, while Pharma, IT, and Media sectors remained under pressure amid selective profit booking and earnings reactions.

Indian benchmark indices staged a strong intraday recovery on May 18, 2026, despite a sharp opening selloff caused by escalating US-Iran tensions, Brent crude crossing $111 per barrel, and the rupee hitting record lows. IT and pharma stocks supported the rebound as Nifty and Sensex closed marginally in the green.

Indian IT stocks outperformed the broader market on Monday, supported by a weaker rupee, strong US technology cues, and optimism around AI-led digital transformation demand. Stocks including Infosys, Tech Mahindra, Coforge, and Persistent Systems witnessed strong gains as investors turned bullish on export-oriented technology companies.