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IT stocks recover on US tech rally, value edge
IT stocks surged on Thursday, with the Nifty IT index climbing over 4.7% and leading gains on the NSE. This rebound followed recent losses, driven by a US tech rally and anticipation of quarterly results. Large-cap firms like Infosys and TCS saw significant jumps, while mid-cap IT stocks also experienced strong buying. Analysts suggest attractive valuations are emerging after a notable correction, hinting at potential further upside.
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economictimes.indiatimes.com
Infosys, TCS and other IT stocks jump up to 5% on dip buying. Is the worst over?
IT stocks rebounded sharply on Thursday, with the Nifty IT index surging nearly 4% after a four-session slide that pushed it to a 52-week low. Coforge led gains with a 5% jump,…
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thehindubusinessline.com
Infosys, Coforge lead IT stocks rebound, Nifty IT climbs 4.5% after 4-day losing streak
Infosys Ltd shares surged nearly 6 per cent on Thursday, leading a sharp rebound in information technology stocks as investors lapped up beaten-down counters after a recent…
