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Hated till June, hottest in July! What’s driving the Rs 3.8 lakh crore boom in IT stocks?
The Times of India·July 30, 2026·1 min read
AI Summary
Indian IT stocks experienced a surge in July, significantly increasing market value and reversing previous investor pessimism. This growth was primarily fueled by short sellers closing bearish positions and a shift in perceptions regarding AI disruption impacts.
From the source
Indian IT stocks saw a remarkable July rally, adding significant market value and reversing investor pessimism. This surge was largely driven by short sellers closing bearish positions and reassessing AI disruption concerns. Several major IT companies experie…
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