Market News

IT index rises for second day, Coforge, HCL Tech lead gains: Here are three reasons

Investors are awaiting the outcome of the U.S. Federal Reserve's policy meeting on Wednesday, where the Fed is widely expected to maintain a neutral stance.

Nifty IT falls for fourth straight day despite broader market rally; Tech Mahindra, HCLTech among top losers

Nifty IT rises despite JPMorgan warning of AI disruption; Infosys, Tech Mahindra gain, HCLTech and Wipro lag

Nifty IT jumps 3% after four-day slide; Infosys, HCLTech, TCS lead rebound despite mixed global tech cues

The gains in Indian IT stocks came despite a weak overnight performance by global technology shares. The recovery was led by frontline IT companies, which dominated the list of Nifty gainers. The buying was equally broad-based in the mid-cap space.