IT stocks, Aug. 25 -- As the Indian stock market regained some of its lost ground from Friday's sell-off, technology stocks led the charge, with the Nifty IT index climbing nearly 3% to a one-month high of 36,406. The rally built on last week's gains after U.S. Federal Reserve Chair Jerome Powell hinted at an interest rate cut in the coming months.

All 10 constituents of the index were trading in the green, with Mphasis leading the pack, advancing 4.17% to Rs.2,967 apiece, followed by Infosys and TCS, which gained over 3% to Rs.1,534 and Rs.3,145, respectively.

Other information technology (IT) stocks, including Oracle Financial Services, Wipro, HCL Technologies, Persistent Systems, LTIMindtree, Tech Mahindra, and Coforge, gained betwee...