IT stocks soar: OFSS, Persistent and others gain up to 10% as US Fed rate-cut hopes rise
Domestic tech stocks surged for the second consecutive session, with significant gains for Oracle Financial Services and others, pushing the Nifty IT index up 2.8%. This rise follows investor optimism for a potential US Federal Reserve rate cut amid disappointing US job data.
Domestic tech stocks surged for the second consecutive session, with significant gains for Oracle Financial Services and others, pushing the Nifty IT index up 2.8%. This rise follows investor optimism for a potential US Federal Reserve rate cut amid disappointing US job data.
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