ReferIndia News AI revival infuses life in Indian IT shares: Nifty IT jumps 8% in 3 days, Infosys up 10% as demand fears ease

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AI revival infuses life in Indian IT shares: Nifty IT jumps 8% in 3 days, Infosys up 10% as demand fears ease

Published on: June 2, 2026, 3:38 p.m. | Source: Moneycontrol

The Nifty IT index has surged nearly 8 percent in 3 sessions as investors realise that the artificial intelligence (AI) boom could prove to be an opportunity rather than a threat. Concerns that AI could disrupt traditional software business models have begun to ease.

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