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IT stocks outperform on the back of a strong start to the Q2 earnings season and rising confidence in AI-driven revenue opportunities
The Indian stock market faced a steep downturn, with the Sensex plummeting close to 1,000 points from earlier highs. Investor sentiment was negatively impacted by ongoing foreign institutional investor sales and an uptick in bond yields, which have become more appealing than stocks. However, resilience was displayed…
Benchmarks turn negative after a firm opening supported by easing crude prices, while banking stocks also trade lower