IT stocks today, July 3 -- IT stocks extended gains on Friday, July 3, tracking broader gains in global technology shares after the sector received a much-needed reprieve from the heavy selling witnessed in recent weeks. Sentiment improved after a significant miss in US jobs creation eased concerns over a potential interest rate hike by the US Federal Reserve.

Positive momentum in Indian stock markets, along with strength across global markets, further lifted investor sentiment. The IT pack emerged as the biggest gainer in today's session.

The Nifty IT index surged around 3% in intraday trade to hit the day's high of 27,718.45, extending gains after a 4.64% rally in the previous session. The rebound comes after the index had declined fo...