Shares of IT majors Infosys, Wipro and TCS have recovered up to 20% in from their 52-week lows with the equity market erasing losses during the last two months. While Infosys has recovered 20%, stock of Wipro has risen 8.33% from its 52 week low. Shares of TCS too have climbed 15.58% from their yearly low. The recovery in IT stocks comes on the back of slowing down of interest rate hike cycle in the US. The three IT majors cater to clients worldwide and relief on interest rate hike front in the US sparked a rally in the IT stocks.