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Synopsis Indian IT stocks staged their biggest weekly rally in 18 years, dating back to the days preceding the collapse of Lehman Brothers, as a secular and precipitous fall in AI-related semiconductor stocks elsewhere in Asia boosted battered legacy outsourcing powerhouses with proven revenue streams and decent operating margins. Indian IT stocks staged their biggest weekly rally in 18 years, dating back to the days preceding the collapse of Lehman Brothers, as a secular and precipitous fall in AI-related semiconductor stocks elsewhere in Asia boosted battered legacy outsourcing powerhouses with proven revenue streams and decent operating margins. Better-than-expected September quarter…
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