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Business

Infosys, Wipro, TCS and other IT stocks rise up to 3% amid US AI rout; is the bubble bursting?

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The Quick Take

In the wake of a worldwide AI stock decline, companies such as Infosys and TCS have seen their shares rise, demonstrating a contrasting trend. This downturn has sparked fears of impending regulations within the sector, prompting analysts to predict that Indian IT companies might leverage this moment to enhance their entrepreneurial AI ventures, all while experts caution against excessive financial

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