Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › India IT Gains Favor as an Anti-AI Bet Despite Mixed Earnings
Business & Finance

India IT Gains Favor as an Anti-AI Bet Despite Mixed Earnings

Bloomberg Markets Friday 16 October 2026, 02:31 UTC By Samie Modak 1 min read
Key Points

Indian IT shares climbed to a five-week high.

Indian IT shares climbed to a five-week high.
India (LOCATION) Indian (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

China’s National Team Signals Return With Heavy ETF Inflows

China’s state-backed funds appear to be stepping back into the stock market, a sign that Beijing is seeking to put a floor under falling shares.

Bloomberg Markets 11m ago

City Therapeutics Raises $200 Million in Upsized US IPO

City Therapeutics Inc., an early-stage developer of RNAi-based drugs, raised $200 million in a US initial public offering priced at the mid-point of its marketed range.

Bloomberg Markets 12m ago

BOE Chief Says Energy Shock Delays 2% Inflation Target

Bank of England Governor Andrew Bailey says Middle East energy shocks have pushed rate cuts off the table and that the BOE effectively tightened financial conditions without raising rates. He cautioned against inferring the central bank's next decision, noting officials have to assess pass-through risks.

Bloomberg Markets 14m ago

PBOC’s Pan Touts Yuan Assets to Investors at Deutsche Bank Event

China’s central bank governor Pan Gongsheng touted yuan assets to investors in Bangkok and outlined plans to expand their role in global markets, according to people who attended the closed-door event.

Bloomberg Markets 21m ago