IT stocks jump up to 16% in 2 sessions. Will the Fed-fuelled rally sustain?
Largecaps pushed the benchmarks to yet another record high as Nifty conquered the 21,355.65 level. All five top stocks in the Nifty were IT counters with HCL Technologies, LTIMindtree, Infosys, Tech Mahindra, and Tata Consultancy Services (TCS) gaining between 4.7% and 3.89%. Barring Infosys, the rest hit their 52-week highs.
Source: indiatimes.com