Sensex Rises Over 1,200 Points Amid US-Iran Peace Talks
The Nifty IT sector rose more than 2% on April 10, recovering from earlier declines attributed to artificial intelligence concerns and inflation linked to the Middle East conflict. Major IT companies such as Tata Consultancy Services (TCS) and Infosys saw their shares increase by over 3%. This uptick follows reports of potential peace talks between the US and Iran, which have positively influenced investor sentiment. Despite the recovery, caution remains due to ongoing AI developments that may impact IT services firms. The broader market also showed strength, with Wall Street indices closing higher, reflecting a global trend in tech stocks.
Published 7 hours ago • 15 Apr 2026, 09:15 AM IST