IT stocks rally; Mindtree, Wipro advance nearly 3%, Tech Mahindra up 2%

Infosys was up 0.7 per cent and HCL Technologies was up 0.5 per cent.

Shares of information technology (IT) companies gained in an otherwise subdued market on Monday with the Nifty IT index climbing 1.5 per cent to 18,306.95 levels. Of 10 constituents, 8 were trading in the positive territory. 

At  11:17 AM, the Nifty IT index was trading 0.85 per cent higher at 18,175.80 levels. Among individual stocks, Mindtree was ruling nearly 3 per cent higher at Rs 1,166.75 and was the top gainer on the Nifty IT index. Wipro, NIIT Tech, and Tech Mahindra were up over 2 per cent each.  Meanwhile, Infosys was up 0.7 per cent and HCL Technologies was