Infosys, TechM to TCS: Nifty IT index surges 4%, clocks 8% gain amid three-day rally. What's powering the rise?
New Delhi, May 19 -- IT stocks hogged the limelight in an otherwise lacklustre trade on Tuesday, 19 May, as they rallied up to 5% and drove the IT pack higher for the third day in a row. The Nifty IT index rallied over 4%, taking its three-day bull run to 8% amid a sharp depreciation in the Indian rupee.
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