Hated till June, hottest in July! What’s driving the Rs 3.8 lakh crore boom in IT stocks?

Source: The Times of India· Nikhil Agarwal· July 30, 2026
Hated till June, hottest in July! What’s driving the Rs 3.8 lakh crore boom in IT stocks?

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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