BusinessPhoto: Mint MarketsIT Stocks Rally Up to 15% on Strong Results and Optimism
The Nifty IT index surged as investors reacted positively to strong quarterly results from L&T Technology Services and renewed optimism for traditional technology spending. Jefferies highlighted re-rating potential for Infosys and TCS but cautioned that recovery is uncertain due to AI-related risks and broader market pressures. Wipro and other IT stocks also saw gains.
Mint Markets·


