Indian IT Stocks Show Resilience Amid US-Iran Tensions and Market Volatility

Indian IT stocks, including Infosys, TCS, Wipro, and Tech Mahindra, showed resilience amid broader market declines linked to escalating US-Iran tensions. Gains in US tech shares, strong US services data, and a weaker Indian rupee supporting export earnings contributed to positive sentiment for IT firms. While the Nifty IT index remained in positive territory, experts note ongoing structural challenges from artificial intelligence and advise cautious profit booking despite near-term optimism.