IT Stocks, Feb. 19 -- Technology shares including recovered part of their recent losses in overnight deals on Wall Street on Wednesday, February 18, as investor sentiment improved following a sharp artificial intelligence AI-led sell-off earlier this month. Indian IT stocks including TCS, Infosys, HCL and others are also likely to be in focus today, February 19 after the rebound in tech stocks last night. In the previous session, Nifty IT index lost 1.23%.

The rebound came amid renewed optimism around AI spending, particularly after Nvidia announced a major long-term deal to supply Meta Platforms with millions of its current and future artificial intelligence chips.

Technology stocks had been under pressure since last week, as concerns ...