HCLTech jumps over 5%, TCS up 4%: Why are IT stocks rallying
Dalal Street began Tuesday on a strong note, with tech-heavy stocks fuelling the gains and pushing the BSE Focused IT index and Nifty IT around 3% higher. HCLTech emerged as the top gainer, rising 5.74% to Rs 1,290 after reporting strong quarterly results a day earlier, backed by improved profitability metrics.
Dalal Street began Tuesday on a strong note, with tech-heavy stocks fuelling the gains and pushing the BSE Focused IT index and Nifty IT around 3% higher. HCLTech emerged as the top gainer, rising 5.74% to Rs 1,290 after reporting strong quarterly results a day earlier, backed by improved profitability metrics.
What's Your Reaction?
