IT Stocks Today, Oct. 21 -- Indian IT stocks witnessed strong buying on Wednesday, October 21, with L&T Technology Services leading the rally after reporting robust second-quarter results. Moreover, a bullish outlook for the sector by global brokerage house Jefferies also added to the positive sentiment.

The Nifty IT index climbed as much as 2.6% to an intraday high of 32,348.25, significantly outperforming the benchmark Nifty 50, which gained around 1%. All IT constituents traded in positive territory, suggesting that the buying extended beyond individual earnings announcements.

L&T Technology Services (LTTS) surged as much as 15%, while Wipro advanced 4%. Infosys, Tata Consultancy Services (TCS), Tech Mahindra, HCL Technologies and Mp...