Infosys, TCS stocks jump 2-3%, Nifty IT up over 2% as easing US Fed rate-hike fears boost tech stocks
Nifty IT index rallied more than 2 percent on Monday morning to emerge as the best-performing sectoral index after easing geopolitical tensions triggered a sharp fall in crude oil prices, reducing inflation concerns and tempering expectations of a US Fed rate hike this week.
Nifty IT index rallied more than 2 percent on Monday morning to emerge as the best-performing sectoral index after easing geopolitical tensions triggered a sharp fall in crude oil prices, reducing inflation concerns and tempering expectations of a US Fed rate hike this week.
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