TCS, Infosys, Wipro rally as Cognizant’s Q1 beat lifts IT sentiment; Nifty IT bounces 11% from April lows

  Indian IT stocks surged on May 2 after Nasdaq-listed Cognizant Technology Solutions reported better-than-expected first-quarter earnings and reaffirmed its full-year revenue guidance, signalling steady global tech demand amid an AI-led pivot. The Nifty IT index gained around 1 per cent, with frontline names like Infosys, TCS, Wipro and HCL Technologies rising up to 1.5…

Political undercurrents mark Vizhinjam port inauguration by PM Modi

In this image released by PMO on May 2, 2025, Prime Minister Narendra Modi, Kerala Governor Rajendra Arlekar, Chief Minister Pinarayi Vijayan, Adani Group chairman Gautam Adani and others at the newly-inaugurated Vizhinjam International Seaport, in Thiruvananthapuram. | Photo Credit: PMO The official commissioning of the Vizhinjam International Seaport by Prime Minister Narendra Modi on…