HCLTech, TCS, Infosys, other IT stocks rally up to 5%. What lies ahead?
Shares of Indian IT companies surged sharply on Friday, with heavyweights including LTIMindtree, TCS, HCLTech and Infosys leading market gains.
The sharp rally pushed the Nifty IT index more than 3% higher. LTIMindtree shares jumped around 5%, while HCLTech and TCS gained around 4% each. Coforge, Tech Mahindra, Persistent Systems, Infosys and OFSS rose around 3% each, while Wipro and Mphasis gained 2%.
