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Sensex Jumps Nearly 700 Points at Open as IT Stocks Lead Broad Market Rally; Tata Capital Gains 5.5%
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Sensex Jumps Nearly 700 Points at Open as IT Stocks Lead Broad Market Rally; Tata Capital Gains 5.5%

Indian equity markets opened sharply higher on Wednesday, July 29, as renewed buying interest pushed the benchmark indices significantly upward in early trading. The Sensex surged nearly 700 points during the opening phase, while the Nifty also advanced by more than 200 points, signalling a strong start to the trading session. The rally was supported...

Indian Stock Markets Open Higher as IT Stocks Lead Broad-Based Rally Amid Positive Global Cues
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Indian Stock Markets Open Higher as IT Stocks Lead Broad-Based Rally Amid Positive Global Cues

Indian benchmark equity indices opened on a strong note in early trading on Friday, supported by sustained buying in information technology (IT) stocks and encouraging trends across global financial markets. The positive momentum helped the domestic market recover from recent volatility, with investors showing renewed confidence amid favorable international cues and selective sectoral buying. The...

Infosys Sees AI as a Growth Catalyst, Predicts $400 Billion Opportunity for IT Services Industry by 2030
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Infosys Sees AI as a Growth Catalyst, Predicts $400 Billion Opportunity for IT Services Industry by 2030

Artificial intelligence is poised to become one of the biggest growth drivers for the global technology services industry over the next decade, according to Infosys, which believes AI will complement rather than replace the role of IT services companies. The technology giant has projected that AI-related opportunities for the industry could reach as much as...