IT stocks: LTIM, Wipro, LTTS, Mphasis soared up to 8% today; here’s why

The Nifty IT index soared 2.40 per cent in intraday trade on Wednesday. Among individual information technology stocks, LTIMindtree led the charts soaring 7.76 per cent intraday at Rs 6,198 per share on the NSE.

Meanwhile, Coforge surged 4.34 per cent at Rs 6,345, Wipro rose 4 per cent at Rs 538.10, LTTS scaled 3.2 per cent at Rs 5,666 and Mphasis jumped 3 per cent at Rs 3,126 per share on intraday levels.