Nifty IT Posts Best Weekly Gain in 18 Years as Q2 Earnings Revive Interest
Large-cap IT stocks including Tech Mahindra, TCS, HCL Technologies, Infosys and Wipro ended the week with strong double-digit gains. The report attributes the rally to stronger-than-expected September-quarter performances and a weakening global AI trade.
New Delhi, Oct. 16 -- Tech Mahindra, TCS, HCL Technologies, Infosys, and Wipro were among the large-cap IT stocks that ended the week with strong double-digit gains, powered by stronger-than-expected September-quarter performances and a weakening global AI trade that prompted investors to rotate ba…