Technology stocks extend gains as investors respond to improving global cues

Indian IT stocks posted another day of gains as supportive global conditions and easing yield pressures pushed the Sensex higher by nearly 450 points.

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9 days ago

Technology stocks extend gains as investors respond to improving global cues

Technology stocks extend gains as investors respond to improving global cues
Indian IT counters advanced for a third consecutive session as easing global rate expectations boosted sentiment across software exporters. HCLTech and Mphasis led sector gains, lifting broader benchmarks and contributing to a 450 point rise in the Sensex. Market analysts cited supportive policy signals, reduced yield pressures, and improving US outlook conditions as key drivers behind the sustained recovery in domestic technology names.