BusinessPhoto: News18 BusinessIT Stocks Rise Up to 5% Despite Asian Tech Sell-Off
On October 13, Indian IT stocks including HCL Technologies and Tata Consultancy Services (TCS) rose sharply, with HCLTech up nearly 5% and TCS over 5%, driven by strong quarterly earnings and improved investor sentiment. This rise contrasts with declines in Asian tech stocks amid geopolitical tensions and concerns over AI and semiconductor competition. Other IT firms like Wipro, Infosys, and Tech Mahindra also saw gains.
News18 Business·



