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Despite current headwinds, Indian IT stocks remain crucial for the economy, generating jobs, forex, and supporting tech ecosystems. Analysts are urged to assess rather than criticize companies like TCS and Infosys. As the earnings season kicks off on Thursday with TCS set to announce its Q2 results, IT stocks are generating strong buzz. Over the past week, the sector has rallied as much as 11%.
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Markets hung quietly around record levels early Tuesday as announcements related to artificial intelligence continued to propel companies shares higher.
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The delivery firm could face disruption after some of its drivers refuse to work in a dispute over payments.
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