Nifty IT index rises as Wipro, Infosys gain amid market weakness
after close1 source ↓written by the desknot a recommendation
- IT index rose
- 0.78%
- despite a weak
- 30,677.80
- the Sensex
- 400 points
- each
- 1%
- Sensex
- 0.5%
The Nifty IT index rose 0.78% to 30,677.80 despite a weak broader market, with the Sensex down 400 points. Wipro led gains, rising over 2%, while Infosys and Tech Mahindra increased by 1% each. This outperformance reflects investor interest in export-oriented sectors amid geopolitical tensions and a softer rupee. 📈
• Nifty IT index at 30,677.80
• Sensex down 0.5% at 72,912
• Wipro up over 2%
• Infosys and Tech Mahindra up 1% each
The IT sector's resilience may attract further investment as global uncertainties persist.
Not investment advice. For informational purposes only.