Indian shares rose sharply on Wednesday after data showed India’s industrial production grew 7.3 percent in June, the fastest in nearly two years, as against 2.2 percent a year ago and 5.1 percent growth reported for May 2026.
The upside was supported by strong gains in IT stocks for a second day running as skepticism grew over whether massive spending on artificial intelligence by major global technology companies could generate sufficient returns to justify their lofty market valuations.
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Business News
Indian Shares End Sharply Higher Led By IT Stocks
2026-07-29 10:44:09
