IT Stocks Rally On AI Optimism: Is The Upside Already Priced In?

NDTV Profit

開始：2026年11月11日 14:41　終了：2026年11月11日 14:45

Indian IT stocks have staged a sharp recovery, with TCS, Infosys, HCLTech and Wipro gaining significantly from their September lows. But can the rally sustain, or has much of the upside already been priced in? In this segment, we break down the key triggers driving the rally in Indian IT stocks — largely in-line Q2 results, improved management commentary for H2, growing AI revenues as projects move from pilot stages to delivery, and a global AI sell-off that could work in favour of Indian IT companies. We also look at how valuations have changed, which stocks have delivered the biggest gains,…