Infosys to TCS, Wipro: Indian IT stocks expected to mirror US tech rally amid Nvidia–Meta AI deal, Fed minutes - News Summed Up

Infosys to TCS, Wipro: Indian IT stocks expected to mirror US tech rally amid Nvidia–Meta AI deal, Fed minutes


Indian IT stocks including TCS, Infosys, HCL and others are also likely to be in focus today, February 19 after the rebound in tech stocks last night. Technology stocks had been under pressure since last week, as concerns grew that rapidly advancing AI tools could disrupt existing business models across industries. The uncertainty weighed heavily on U.S. equities in February, triggering declines across several sectors ranging from software services to transportation and logistics. Nvidia–Meta Partnership, Software Stocks Drive Recovery The S&P 500 software and services sector, which had witnessed heavy selling earlier in the month, rose 1.4% on Wednesday. Broader technology stocks also participated in the recovery.


Source: Mint February 19, 2026 06:49 UTC



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