TCS, Infosys, HCLTech, Wipro, TechM: IT stocks gain up to 3.5% today; Nifty IT jumps 9% in 3 days; what's driving rally?
Indian IT stocks rose, lifting the Nifty IT index 2.5% and extending its three-session gain to 9%. Strong results from HCLTech and TCS, optimism about AI services and a weaker rupee supported the rally. Investors will watch upcoming earnings for signs of sustained demand and AI-led growth.
Indian IT stocks rose, lifting the Nifty IT index 2.5% and extending its three-session gain to 9%. Strong results from HCLTech and TCS, optimism about AI services and a weaker rupee supported the rally. Investors will watch upcoming earnings for signs of sustained demand and AI-led growth.
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