Kospi's Mammoth 17% Surge Spells Caution for Indian IT Stocks; TCS, Infosys Down Up to 5%

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Market News

31 July 2026 at 3:27 pm

Kospi's Mammoth 17% Surge Spells Caution for Indian IT Stocks; TCS, Infosys Down Up to 5%

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Summary

Indian IT stocks, including TCS and Infosys, declined by up to 5% despite renewed optimism in global AI and cloud spending, which saw South Korean chipmakers Samsung and SK Hynix rally sharply.

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