IT stocks in focus as Wall Street’s tech rally loses steam; Infosys, Wipro ADRs rise up to 3%

Indian IT stocks remain in focus despite a tech sell-off on Wall Street, with Infosys and Wipro ADRs showing gains. While AI disruption worries have led to a recent 20% decline in Indian IT shares, experts believe the sector is poised to benefit from AI spending, suggesting gradual accumulation of select stocks.