positive
Nifty IT Leads Sectoral Gains on Stable US Demand Outlook
The Nifty IT index rose 2.21% on October 25, outperforming all sectors for the day. Infosys, TCS, and HCL Tech led the rally, buoyed by strong Q2 results and signs of recovery in US tech spending. Analysts noted that easing inflation in the US and robust digital transformation budgets among clients supported the move. Broking houses project continued sector strength as rupee stability and deal momentum sustain earnings visibility into FY26.
Companies:
- Infosys
- TCS
- HCL Technologies
Tags:
- Nifty IT
- Infosys
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positive
Nifty IT Leads Sectoral Gains on Stable US Demand Outlook
The Nifty IT index rose 2.21% on October 25, outperforming all sectors for the day. Infosys, TCS, and HCL Tech led the rally, buoyed by strong Q2 results and signs of recovery in US tech spending. Analysts noted that easing inflation in the US and robust digital transformation budgets among clients supported the move. Broking houses project continued sector strength as rupee stability and deal momentum sustain earnings visibility into FY26.
Companies:
- Infosys
- TCS
- HCL Technologies
Tags:
- Nifty IT
- Infosys
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Nifty IT gained 2.21%, led by Infosys and TCS, as easing US inflation boosted demand outlook and strengthened India’s IT export momentum.
The Nifty IT index rose 2.21% on October 25, outperforming all sectors for the day. Infosys, TCS, and HCL Tech led the rally, buoyed by strong Q2 results and signs of recovery in US tech spending. Analysts noted that easing inflation in the US and robust digital transformation budgets among clients supported the move. Broking houses project continued sector strength as rupee stability and deal momentum sustain earnings visibility into FY26.
The Nifty IT index rose 2.21% on October 25, outperforming all sectors for the day. Infosys, TCS, and HCL Tech led the rally, buoyed by strong Q2 results and signs of recovery in US tech spending. Analysts noted that easing inflation in the US and robust digital transformation budgets among clients supported the move. Broking houses project continued sector strength as rupee stability and deal momentum sustain earnings visibility into FY26.
Companies:
- Infosys
- TCS
- HCL Technologies
Tags:
- Nifty IT
- Infosys
- Nifty IT
- Infosys
- TCS
- IT sector
- markets