IT Stocks Snap Winning Streak As Global AI Trade Shifts Back To Chipmakers

Nifty IT fell over 3% as investors booked profits after a five-day rally and shifted back to global AI-linked technology stocks following strong earnings and AI spending outlooks from Microsoft and Amazon.

Jul 31, 2026 - 13:00
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IT Stocks Snap Winning Streak As Global AI Trade Shifts Back To Chipmakers
Nifty IT fell over 3% as investors booked profits after a five-day rally and shifted back to global AI-linked technology stocks following strong earnings and AI spending outlooks from Microsoft and Amazon.

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