IT and banking stocks gain momentum as sector rotation strengthens

IT and banking stocks advanced on improved sentiment and rotation ahead of earnings, supported by stable liquidity and stronger global rate expectations.

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9 days ago

IT and banking stocks gain momentum as sector rotation strengthens

IT and banking stocks gain momentum as sector rotation strengthens
Indian equity benchmarks saw renewed buying interest in IT and banking counters after supportive global rate expectations improved risk appetite. Mid-cap tech firms posted stronger intraday gains while large cap banks benefited from stable liquidity trends and credit-growth optimism. Market strategists suggested the move reflects sector rotation ahead of major earnings disclosures, with participants tracking commentary from global peers for cues on demand normalization.