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Today's Brief/Friday, 31 July 2026/📈 Stocks & Economy
📈 Stocks & Economy🇮🇳 India

Microsoft's 15% Stock Surge Lifts AI Trade — Indian Tech Stocks Watch Closely

Yahoo! Finance·Friday, 31 July 2026
Microsoft's 15% Stock Surge Lifts AI Trade — Indian Tech Stocks Watch Closely

Microsoft shares jumped more than 15% — their biggest single-day gain in 18 years — after the company posted strong earnings and a stellar forecast. The surge eased investor fears about heavy AI infrastructure spending. The Nasdaq rallied more than 2.75% on the back of the news.

Why It Matters

Indian IT giants like Infosys and TCS are closely tied to Microsoft's fortunes through cloud and AI partnerships. A bullish US tech market usually lifts Indian tech stocks too.

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