Why are IT stocks rising today? Infosys jumps 5%, Nifty IT snaps 4-day losing streak

Indian IT stocks rebounded sharply on Thursday, led by Infosys and other large-cap names. The recovery reflected a shift from overheated AI chip plays to software firms seen as steadier AI beneficiaries.

Jul 2, 2026 - 10:00
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Why are IT stocks rising today? Infosys jumps 5%, Nifty IT snaps 4-day losing streak
Indian IT stocks rebounded sharply on Thursday, led by Infosys and other large-cap names. The recovery reflected a shift from overheated AI chip plays to software firms seen as steadier AI beneficiaries.

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