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NIfty IT logs best weekly gains since Oct 2025
Indian IT stocks experienced a significant rebound this week. The Nifty IT index saw its best weekly gain since October 2025. This rally followed a sell-off in Asian AI and semiconductor stocks. First-quarter earnings from major IT firms showed minimal AI disruption. Investor confidence improved, leading to some short-covering in the sector.
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newsbytesapp.com
Why IT stocks are rallying today
IT stocks, including HCLTech, TechM, Infosys, and TCS, surged up to 3% as softer US inflation data and anticipation of June-quarter earnings boosted investor sentiment.
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economictimes.indiatimes.com
Infosys, TCS, HCL Tech, other IT stocks rally up to 3%. 2 major reasons why
Indian IT stocks saw gains on Friday, led by Tech Mahindra's better-than-expected first quarter results. Infosys and HCL Tech also advanced, with HCL Tech securing a significant…
