Infosys, TCS, other IT stocks rise up to 3% as Wall Street's AI rally loses steam

Wipro, HCL Tech, Tech-heavy Nasdaq ended lower on Thursday, as the world’s most valuable company, Nvidia, saw its share price decline by 5% a day after rising sharply, following its better-than-expected January quarter results and high revenue forecast for the ongoing quarter.Google-parent Additionally, the US labour department’s data showed that the number of Americans filing new applications for jobless benefits increased marginally last week and the unemployment rate appeared to hold steady this month. ...