Nifty IT Adds Rs 3 Lakh Crore in Market Cap After 18-Year Weekly Gain
The Nifty IT index logged its best weekly gains in 18 years as major IT stocks rose on stronger-than-expected September-quarter results 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…