Shares of HFCL and Sterlite Technologies gained up to 5% on Friday, snapping a two-session losing streak as global technology and AI-linked stocks rebounded sharply after a bruising selloff earlier this week that had fuelled concerns the artificial intelligence rally was running ahead of fundamentals.
Sterlite Tech shares gained 5% to their day's high of Rs 600, while HFCL shares were locked in a 5% upper circuit. Both stocks had fallen 8% each over the previous two sessions.
