810
11 days ago
Infosys to TCS, HCL Tech: IT stocks jump despite weakness on Dalal Street
Summary
IT stocks jumped on Friday, March 6 in an otherwise falling markets. The Nifty IT index jumped almost 2% as against a 0.6% fall in benchmark Nifty.
Indian stock markets were trading on a weak note, mirroring subdued global market sentiment as the continuing US-Israel-Iran conflict dampens investors’ appetite for risk. Sensex fell over 500 points while Nifty was trading around 24,650.
Among stocks, Persistent Systems was the top gainer, up 3% followed by Mphasis, which added 2%. Meanwhile, Coforge, Oracle, HCL Tech, Tech Mahindra, LTIMindtree, Wipro, and TCS advanced over 1% each. Infosys was also up 0.8%
Pranati Deva is a seasoned financial journalist with over a decade of experience in high-pressure newsroom environments, currently working as a Senior...Read More
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
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Indian stock markets were trading on a weak note, mirroring subdued global market sentiment as the continuing US-Israel-Iran conflict dampens investors’ appetite for risk. Sensex fell over 500 points while Nifty was trading around 24,650.
Among stocks, Persistent Systems was the top gainer, up 3% followed by Mphasis, which added 2%. Meanwhile, Coforge, Oracle, HCL Tech, Tech Mahindra, LTIMindtree, Wipro, and TCS advanced over 1% each. Infosys was also up 0.8%
Pranati Deva is a seasoned financial journalist with over a decade of experience in high-pressure newsroom environments, currently working as a Senior...Read More
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Download the Mint app and read premium stories
AI Description
The article discusses the performance of IT stocks on March 6, highlighting their resilience despite a weak overall market. The Nifty IT index saw a significant increase, contrasting with the broader market's decline.