NIFTY IT trims intraday gains; TCS bucks trend as sector logs sharp monthly recovery

The NIFTY IT index was trading marginally lower at 32,027, down 54 points or 0.17 per cent, by midday on Friday, with seven of ten constituents in the red despite a strong one-month recovery of over 13 per cent in the index. The IT gauge had swung between 31,144 and 33,138 intraday, reflecting vola…