IT shares buck trend; Wipro, Infy, TechM gain 2%; Coforge hits new high

Quick Summary:

At 12:23 pm; the Nifty IT index was the top gainer among sectoral indices, up 1 per cent, as compared to 0.31 per cent decline in the Nifty 50.

Meanwhile, in the past one month and six months, the BSE IT index has gained 1.5 per cent and 23 per cent, respectively.

Among individual stocks, Wipro, Infosys and Tech Mahindra were up 2 per cent.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Mphasis Tech Mahindra IT stocks AI Q2 Tata Consultancy Services Infosys TCS Persistent Systems Nifty IT index Coforge HCL Technologies Wipro Markets LTIMindtree

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 13:03:52 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 506 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23468547

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