TCS sparks IT rally! Nifty IT turns green despite Infosys, Wipro drag
Mumbai/IBNS, June 25 -- Shares of major information technology companies remained in focus on Thursday as the Nifty IT index traded in the green during early market hours, media reports said.
TCS, HCL Tech support sectoral gains
The weakness in some frontline IT stocks, including Infosys, was offset by gains in Tata Consultancy Services (TCS) and HCL Technologies, helping the Nifty IT index remain positive.
Infosys, Wipro among laggards
A few technology stocks, however, traded lower amid cautious sentiment in the software services space.
Mixed sentiment in IT sector
The divergent performance among IT stocks highlights the mixed outlook among investors, with selective buying in heavyweight counters helping the sector outperform despi...
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