Daily Market Updates: IT stocks on fire, rally up to 15% today; check performance of TCS, L&T Technology, Wipro, Infosys

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IT stocks on fire, rally up to 15% today; check performance of TCS, L&T Technology, Wipro, Infosys | Jefferies bullish

Reported · Written up by our desk · North America

The Nifty IT index rose as investors welcomed strong results from L&T Technology Services and renewed hopes for traditional technology spending. Jefferies sees re-rating potential for Infosys, TCS, but warned that a recovery is not assured given AI-related risks and wider market pressures.

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Sources

LiveMint MarketsIT stocks on fire, rally up to 15% today; check performance of TCS, L&T Technology, Wipro, Infosys | Jefferies bullish

Global Markets

IT stocks on fire, rally up to 15% today; check performance of TCS, L&T Technology, Wipro, Infosys | Jefferies bullish

More like this

Sources

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