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IT Sector Gains Momentum on India–US Trade Deal Progress
Nifty IT Index climbed 2.
The Nifty IT Index surged 2.21%, its strongest move in three weeks, as optimism around the India–US trade deal boosted demand for software exporters. Infosys, TCS, and HCL Tech led the rally, while global investors bet on reduced cross-border data transfer tariffs. Analysts expect continued strength ahead of Q3 results, with the sector likely to outperform broader markets given improved sentiment and strong deal pipelines.