IT stocks sparkle: Nifty IT Index gains 1.7% ahead of Q2 results

IT stocks zoom: Shares of IT companies zoomed on Friday ahead of their second-quarter results for the financial year 2025. The Nifty IT index advanced 1.69 per cent during intra-day deals, with all constituent stocks of the index trading in the green. Analysts’ consensus estimates suggest the IT industry is expected to continue on the path of recovery in Q2, similar to the preceding quarter, rather than sprinting towards growth. The top four firms are expected to have grown between 0 and 4 per cent year-on-year (Y-o-Y).

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