New Delhi, Feb. 27 -- Information Technology (IT) stocks traded high of Friday, February 27 despite weak trends in the Indian stock market today. The Nifty IT index rallied as much as 2.45% with almost all the constituents trading in the green.
Mphasis, LTI Mindtree, Infosys, Coforge and Tech Mahindra were the top Nifty IT contributors, gaining over 1% each. HCL Technologies, Wipro and TCS were also trading in the green.
The rally in IT stocks comes despite a fall in the benchmark indices. The BSE Sensex, and the NSE Nifty 50 were trading half a percent lower each.
Despite today's gains IT stocks are reeling under loses this month weighed down by concerns of AI-led disruptions. The Nifty IT index has crashed over 21% so far in February...
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