India, July 29 -- 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.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....