 "Nifty IT index up 2%; TCS at two-month high")
Shares of information technology (IT) companies are trading higher in otherwise weak market with the Nifty IT index gaining 2.4% on the National Stock Exchange (NSE). By comparison, the benchmark Nifty 50 index was down 0.55% at 9,473 at 11:35 am.
Among individual stocks, Tata Consultancy Services (TCS) has rallied 5% to Rs 2,572, its highest level since March 15, 2017 on NSE. Wipro, Tech Mahindra, Infosys and HCL Technologies were up in the range of 1% to 3%.
Thus far in the month of May, Nifty IT index has outperformed the market by surging 7.1% as compared
Among individual stocks, Tata Consultancy Services (TCS) has rallied 5% to Rs 2,572, its highest level since March 15, 2017 on NSE. Wipro, Tech Mahindra, Infosys and HCL Technologies were up in the range of 1% to 3%.
Thus far in the month of May, Nifty IT index has outperformed the market by surging 7.1% as compared
