IT stocks rally: Nifty IT jumps over 2% as US Fed rate hike bets ease; TCS, Tech Mahindra, HCL Tech lead

Nifty IT jumped on Wednesday as expectations of another near-term US Fed rate hike moderated. TCS, Tech Mahindra and HCL Tech were among the top Nifty gainers, while several midcap IT stocks also rallied.

Sep 30, 2026 - 09:00
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IT stocks rally: Nifty IT jumps over 2% as US Fed rate hike bets ease; TCS, Tech Mahindra, HCL Tech lead
Nifty IT jumped on Wednesday as expectations of another near-term US Fed rate hike moderated. TCS, Tech Mahindra and HCL Tech were among the top Nifty gainers, while several midcap IT stocks also rallied.

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